Forecast: Poultry Production in Austria

From 2013 to 2023, Austria's poultry production experienced fluctuations, with notable increases in 2016 and 2017, resulting in a compound annual growth rate (CAGR) of 4.69% up until 2014, followed by a decline to 1.24% by 2023. The year-on-year variation showed a peak in 2021 at 5.75% before dipping to -1.98% in 2022 and stabilizing at 0.4% in 2023, with a value standing at approximately 218 million Euros.

From 2024 onwards, based on forecasts, poultry production is expected to maintain a modest growth trajectory with a projected 5-year CAGR of 0.15%, indicating a slightly increasing but overall stable trend. By 2028, production is anticipated to reach roughly 220 million Euros. The year-on-year growth rate from 2024 to 2028 is estimated at 0.75%.

Future trends to watch for include technological advancements in poultry farming, changing consumer preferences towards organic and free-range products, and potential impacts of regulatory changes on production practices.

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