The Russian poultry meat processing industry experienced significant fluctuations over the past decade. In 2023, the production volume stood at 28,000 metric tons, marking no year-on-year change. The industry saw substantial growth in the mid-2010s, peaking in 2017 with a year-on-year variation of 86.21%. However, this growth was followed by a major decline in 2018 and stabilization through 2023. The long-term Compound Annual Growth Rate (CAGR) between 2014 and 2023 was 6.96%, suggesting overall growth despite volatility.
Looking ahead, the forecast indicates a slight decline with a five-year CAGR of -0.72%, and a forecasted overall reduction of 3.57% by 2028. This points to a period of modest contraction as the market stabilizes at levels similar to 2023. Key future trends to watch include domestic consumption patterns, international trade dynamics, and potential technological advancements in poultry processing.
