The pigmeat slaughterings in Denmark stood at 1.62 million metric tons in 2023. Overall, this metric has experienced fluctuations over the past decade with noticeable decreases from 2015 to 2019 followed by a rise in 2020 and 2021. The year-on-year growth rates depict a recent volatile pattern, such as a commendable 8.03% jump in 2021, followed by a -6.63% decline in 2022, and a modest 0.47% growth in 2023. The 5-year CAGR indicates an average annual growth rate of 0.33%, projecting a gradual rise.
Future trends to watch for:
- Technological advancements in pigmeat production and processing.
- Potential shifts in global trade dynamics affecting exports.
- Changes in consumer preferences towards alternative proteins.
