The poultry meat slaughterings in Finland have shown a consistent growth trajectory over the past decade. From 2013 to 2023, there has been a steady increase in the number of heads slaughtered, with the value standing at 83.07 million units in 2023. The year-on-year growth rate showed moderate fluctuations, peaking notably in 2018 with a 7.11% increase. However, in recent years, this growth has decelerated, evidenced by the modest 1.09% increase in 2023. The Compound Annual Growth Rate (CAGR) for 2019-2023 was 1.45%, indicating a slowdown compared to the earlier part of the decade.
Looking forward, the forecast for 2024 and beyond suggests a continuation of this trend but at a slower pace. The projected 5-year CAGR is 0.8%, with an overall growth of 4.09% by 2028. This slower growth rate reflects a maturing market.
Future trends to watch include potential impacts of sustainability initiatives, shifts in consumer preferences towards plant-based proteins, and health consciousness, which could influence poultry consumption and industry dynamics.
