The United Arab Emirates has shown a consistent trend in chicken meat slaughtering from 2013 to 2023. In 2023, the volume stood at 43.63 million units, highlighting steady growth over the decade. The period saw peaks and troughs, with notable contractions in years like 2017 (-0.19%) and 2020 (-3.11%). In recent years, the year-on-year growth remained modest but positive at 1.6% and 1.54% for 2022 and 2023, respectively.
Examining a longer period, the CAGR declined gradually from a high of 3.71% in 2013 to 1.64% in 2023, reflecting matured market characteristics. The future forecast for chicken meat slaughtering suggests continued but modest growth, with a forecasted 5-year CAGR of 1.2%, projecting the volume to reach 47.09 million units by 2028.
Future trends to watch for:
- Advancements in poultry farming techniques and technology.- Shifts in consumer preferences towards organic and free-range poultry.- Policy changes relating to food security and local production.- Impacts of global economic conditions on local poultry demand and supply.
