Forecast: Goat Meat Slaughterings in Austria

Goat meat slaughtering in Austria displayed various trends over the years. Starting from 2013, there was a general growth trend till 2017, after which significant fluctuations were observed. A notable decline occurred in 2018, continued with inconsistent volumes till 2023. The average values varied from year to year, yielding a Compound Annual Growth Rate (CAGR) that illustrates fluctuating levels of market demand and supply complexities.

Key Year-on-Year variations include:

  • 2014: Growth of 5.06%
  • 2017: Growth of 4.65%
  • 2018: Decrease of 26.67%
  • 2019: Growth of 27.27%
  • 2020: Decrease of 21.43%
  • 2021: Growth of 1.52%
  • 2022: Decrease of 4.48%
  • 2023: Growth of 3.13%

Despite the fluctuations seen in the past, forecasts suggest stabilization with a prediction of 1.52% growth rate over the next five years and a CAGR of 0.3%. Monitoring broader trends in agricultural policies, consumer preferences, and market dynamics will be essential for understanding future fluctuations in goat meat production in Austria.

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