Mutton and goat meat production in Argentina has been on a declining trend from 2014 to 2023, decreasing from 71 to 52 thousand metric tons. In 2023, production stood at 52 thousand metric tons, representing a year-on-year decline of 1.89%. Over the last two years, the production fell by approximately 3.73%, while the Compound Annual Growth Rate (CAGR) over the last five years averaged -1.82%.
The forecast indicates continued decline, with production projected to reach 46.52 thousand metric tons by 2028, which represents a 5-year CAGR of -1.76% and an overall reduction of 8.48% from 2023 levels.
Future trends to monitor include changes in consumer demand, shifts in domestic and international economic conditions, advancements in farming and processing technologies, and potential impact from environmental regulations and climate change.
