In 2023, the per capita volume of mutton and goat meat in Argentina stood at 1.15 kilograms. The forecasted data from 2024 to 2028 shows a gradual decline in per capita consumption: 1.12 kg in 2024, 1.1 kg in 2025, 1.07 kg in 2026, 1.05 kg in 2027, and 1.02 kg in 2028. This represents a consistent downtrend with year-on-year percentage decreases of approximately 1.78% from 2023 to 2024, 1.82% from 2024 to 2025, 2.73% from 2025 to 2026, 1.87% from 2026 to 2027, and 2.86% from 2027 to 2028. The compounded annual growth rate (CAGR) from 2023 to 2028 indicates an average annual decrease of around 2.38%.
Future trends to watch for include potential shifts in consumer preferences towards alternative protein sources, economic factors impacting meat affordability, and government policies or initiatives around livestock production and sustainable farming practices. Monitoring these factors will be essential for understanding and anticipating future market dynamics in the mutton and goat meat sector in Argentina.