Between 2014 and 2023, the production of mutton and goat meat in North America saw a general decline with intermittent fluctuations. In 2023, the production stood at 95.0 thousand metric tons, showing a flat year-on-year variation of 0%. The compound annual growth rate (CAGR) over the last five years was -0.42%, indicative of a slight but consistent downward trend.
Significant yearly changes were noted:
- In 2015, a decrease of 3.03% was recorded.
- 2016 saw a smaller decline of 1.04%.
- In 2017, production decreased by 2.11%.
- 2018 experienced a positive change with a 4.3% increase.
- In 2019, a 1.03% drop occurred.
- 2020 faced the largest decline of 5.99%.
- 2021 rebounded with a 7.37% increase.
- In 2022, production fell by 1.96%.
- By 2023, the production rate leveled out, showing 0% growth.
Forecasts from 2024 to 2028 suggest a continued but mild decline in production, with a projected five-year CAGR of -0.16%. The growth rate over this forecast period is expected to be -0.8%.
Future trends to watch for include advancements in livestock management, changes in consumer preferences towards alternative protein sources, and potential impacts from environmental regulations and trade policies. Keeping an eye on these factors could significantly influence future production levels.
