In 2023, Germany's indigenous lamb gross production stood at approximately 137 million US Dollars PPP. From 2024 to 2028, projections indicate a consistent decline in value, with a year-on-year decreases of about -1.30% from 2024 to 2025, -1.30% from 2025 to 2026, -1.32% from 2026 to 2027, and -1.31% from 2027 to 2028. Over this five-year period, the compound annual growth rate (CAGR) is around -1.34%.
Future trends to watch for:
- Persistent decrease in lamb production value possibly due to declining demand or shift towards alternative meats.
- Influence of sustainable agriculture practices and policies could impact future production levels.
- Economic factors such as inflation or changes in consumer purchasing power influencing livestock market values.