Based on the provided data, the poultry meat slaughtering volume in Northern Africa has experienced considerable growth from 1.8091 billion units in 2013 to 2.3887 billion units in 2023. The recent year-on-year variations show that from 2021 to 2022, there was a 2.16% increase, and from 2022 to 2023, a 2.07% rise, indicating a steady but moderate growth.
The compound annual growth rate (CAGR) over the last five years (2019-2023) stands at 2.19%, reflecting a consistent upward trend. Looking ahead, forecasted data suggest further growth, reaching 2.6419 billion units by 2028 with a forecasted 5-year CAGR of 1.59%.
Future trends to watch for:
- Potential impact of economic conditions and policies on the poultry sector.
- Technological advancements in poultry farming and processing.
- Changes in consumer preferences and demand for poultry meat.
- Environmental and health-related regulations affecting poultry production.
