The poultry meat production in Australia saw a fluctuating growth trajectory from 2014 to 2023, standing at 1.28 million metric tons in 2023. The production experienced periods of both growth and contraction, with notable increases in 2016 (6.75%) and 2021 (5.93%), contrasted by declines in 2018 (-2.83%) and 2020 (-4.39%). Over the last two years, the year-on-year variation stabilized at 0.63%. The Compound Annual Growth Rate (CAGR) over the last five years was 0.78%, while the forecasted CAGR for the next five years is slightly lower at 0.49%, indicating a modest growth trend.
Future trends to watch include technological advancements in poultry farming, changing consumer preferences, and potential impacts of regulatory changes on production efficiency and sustainability. Additionally, global economic conditions could influence export demands and thus production volumes.
