The poultry meat slaughterings in Belgium experienced significant fluctuations from 2013 to 2023. The volume stood at 461.41 thousand metric tons in 2023. Early observations show a remarkable growth from 2013 to 2015, followed by subdued but positive momentum till 2018. From 2019 onwards, the market witnessed marginal declines, concluding with a minor recovery in 2023. The year-on-year variation in 2022 was -1.34%, whereas it turned positive again in 2023 with a 2.75% increase. The 5-year CAGR preceding 2023 was -0.35%, indicating slight overall contraction.
Future trends suggest a stable yet minimal growth trajectory with a forecasted 5-year CAGR of 0.09% and an overall growth rate of 0.44%. This could be driven by factors such as market saturation, shifts in consumer preferences, and potential regulatory changes. In addition, monitoring advancements in poultry farming technologies and sustainability measures will be crucial for the sector.
