In 2023, China's poultry meat excess feed cost stood at a baseline level, preceding a forecasted upward trend from 2024 to 2028. The projections predict a gradual increase in excess feed costs, moving from 1.25 billion Euros in 2024 to 1.38 billion Euros by 2028. The year-on-year variation reflects a steady upward trend, averaging approximately 2.5% annually over this period. The compound annual growth rate (CAGR) suggests a consistent rise consistent with broader trends in global feed costs.
Future trends to watch for include:
- Fluctuations in global grain prices impacting feed costs.
- Policy changes in China's agricultural sector affecting poultry production.
- Technological innovations in feed efficiency potentially moderating cost increases.