In 2023, chicken exports other than broilers in the US stood significantly different from anticipated volumes. The forecast data from 2024 to 2028 indicates a steady decline, from 64.47 million pounds to 48.83 million pounds. Year-on-year variations show a consistent decrease of around 6% annually. The compound annual growth rate (CAGR) over the five-year period suggests a negative growth, underscoring shrinking demand or supply constraints in this segment.
Future trends to monitor include:
- Global market demand shifts for non-broiler poultry.
- Potential trade policy changes that could impact export volumes.
- Technological advancements or innovations in poultry farming that could enhance production efficiency.