Australia's swine meat production in 2023 stood at 470.0 thousand metric tons. Based on the forecasted data from 2024 to 2028, there is a steady year-on-year increase:
• 2024: 1.06% increase to 475.0 thousand metric tons
• 2025: 1.05% increase to 480.0 thousand metric tons
• 2026: 0.83% increase to 484.0 thousand metric tons
• 2027: 1.03% increase to 489.0 thousand metric tons
• 2028: 1.02% increase to 494.0 thousand metric tons
Over the last two years, from 2023 to 2025, the cumulative increase has been approximately 2.1%. The compound annual growth rate (CAGR) over the five-year period from 2023 to 2028 averages around 1.0% per year.
Future trends to watch for include changes in consumer dietary preferences, advancements in swine breeding and production technologies, potential impacts of climate change, and trade policy developments affecting export markets.
