The import forecast for frozen boneless bovine cuts to the US shows a gradual decline from 423.11 million kilograms in 2024 to 402.31 million kilograms in 2028. This represents a year-on-year decrease in volume of about 1.27% to 1.25% from 2024 to 2028. The compound annual growth rate over these five years is approximately -1.0%. In 2023, the actual import volume stood higher, indicating a consistent downward trend projected in the coming years.

Future trends to watch for:

Changes in US consumer demand for beef products, potentially influenced by dietary trends towards plant-based alternatives and health considerations.
Trade policies and agreements that could impact import volumes, including tariffs or trade restrictions.
Global supply chain disruptions or enhancements which might affect import logistics and costs.
Market competition from alternative sources of protein, affecting beef import demand.