The US poultry meat export volume stood at 3.62 million metric tons in 2023, marking a slight year-on-year decrease of 0.55%. The 5-year CAGR up to 2023 indicates an average annual decline of 0.85%, showing a trend of minor but consistent decreases in export volumes since the more significant drop of 16.57% between 2014 and 2015. From 2016 to 2021, the market saw modest year-on-year growths, but the overall trend reverted to a decline from 2019 onwards, with a few exceptions. Forecasts up to 2028 suggest a continued slow decline, with a predicted 5-year CAGR of -0.48%, resulting in an overall decrease of approximately 2.37% in export volumes.
Future trends to watch for:
- Potential impacts of trade policies and tariffs on export volumes.
- Shifts in global demand due to changes in consumer preferences and economic conditions.
- Influence of health-related regulations and biosecurity measures on production and export capacity.
- Technological advancements in poultry farming and processing that could enhance efficiency.
- Sustainability practices and their adoption, potentially affecting production costs and marketability.
