The import of fresh or chilled boneless sheep cuts to Germany is projected to increase steadily from 2024 to 2028, with a consistent annual growth rate. The imported value is predicted to grow from $87.41 million in 2024 to $97.547 million by 2028. This indicates a positive trend with a compound annual growth rate (CAGR) across the forecast period. As of 2023, the market was marginally lower than the 2024 forecast, indicating a rising demand for these imports.
Future trends to watch for include:
- Potential impacts of trade policies or agreements between sheep-exporting countries and Germany that could influence import values.
- Changing consumer preferences towards sheep meat and any emerging trends in health or nutrition that could affect consumption patterns.
- Economic factors such as exchange rates and inflation, which might influence the cost of imports.