Over the past decade, Argentina's duck meat production has shown a fluctuating trend with periods of both increase and decrease. Notably, in 2023, production stood at 10.02 thousand metric tons. The last two years have exhibited modest growth with year-on-year variations of 0.84% and 0.81% in 2022 and 2023, respectively. The last 5-year CAGR up to 2023 was 0.92%, suggesting a steady, albeit small, increase in duck meat production.
Looking ahead, forecasts indicate a continued gradual rise in production, with the 5-year forecast CAGR at 0.65% and an overall growth rate of 3.31% anticipated by 2028. This points towards a slow but steady upward trend in the industry in the coming years.
Future trends to watch for:
- Potential impacts of global trade agreements on export opportunities.
- Technological advancements in poultry farming that may boost production efficiency.
- Changes in domestic consumption patterns and preferences.
- Possible environmental regulations affecting farming practices.
