Vietnam's duck meat production from 2013 to 2023 has seen significant fluctuations, alternating between declines and recoveries. From an initial value of 102.48 thousand metric tons in 2013, the production dipped to 83.35 thousand metric tons in 2016, before experiencing a steady recovery to 100.72 thousand metric tons by 2023, demonstrating resilience and growth.
The variations year-on-year presented notable swings, with the most substantial decline of 7.76% in 2015 and the highest growth of 8.82% in 2019. This produced an average annual growth (CAGR) of around 2.11% over the last five years leading up to 2023.
Looking ahead, forecasts predict a gradual growth in duck meat production, with an annual average growth rate (CAGR) of 0.87% and an overall increase of 4.43% by 2028. Future trends to watch include technological advancements in poultry farming and shifts in consumer preferences towards healthier and more sustainable meat options, which may further influence production dynamics. Continued monitoring of market conditions and regulatory impacts will be crucial for stakeholders in this sector.
