Forecast: Beef Meat Production in Denmark

The trend in beef meat production in Denmark from 2014 to 2023 shows fluctuating values, with production peaking at 129.0 thousand metric tons in 2016, 2018, 2022, and 2023, and hitting lows around 120.0 thousand metric tons. Year-on-year variations highlight notable decreases and increases, such as a 5% decline in 2020 and a 7.5% increase in 2016. The five-year CAGR reflects a modest positive growth but overall stability is observed from 2019 to 2023. Production stood at 129.0 thousand metric tons in 2023.

Future trends to watch for:

  • Projections for steady growth, with a slight rise in production reaching 130.2 thousand metric tons by 2028.
  • The forecasted five-year CAGR is 0.14%, indicating a very gradual increase.
  • Focus on factors affecting beef production such as climatic conditions, feed prices, and market demand shifts.

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