The forecast for pork production at farm gate in Norway shows a steady decline from 2024 to 2028. In 2023, the value stood at 320.09 million Euros. The forecasted values indicate a declining trend with a year-on-year decrease of approximately 0.59% between 2024 and 2025, 0.47% between 2025 and 2026, 0.38% between 2026 and 2027, and 0.31% between 2027 and 2028. The Compound Annual Growth Rate (CAGR) over the five-year forecast period (2024-2028) indicates an average annual decline of around 0.43%.
Future trends to watch for include changes in consumer preferences, potential regulatory changes impacting pork production, advancements in farming technologies, and fluctuations in feed costs. Monitoring these factors will provide insights into the stability or further decline of pork production values in the coming years.
