Home-killed pigmeat production in the UK has shown clear growth between 2013 and 2023. Production stood at 943.69 thousand metric tons in 2023, demonstrating an overall upward trend over the previous decade. Specifically, recent trends include a notable recovery after a dip in 2020, with year-on-year variations of 6.04% in 2021, 0.72% in 2022, and 0.70% in 2023. The five-year Compound Annual Growth Rate (CAGR) from 2018 to 2023 was 0.74%.
The forecasted data from 2024 suggests a continued but modest growth, with production expected to reach 977.89 thousand metric tons by 2028. The forecasted five-year CAGR from 2024 to 2028 is projected at 0.56%, translating to a total forecasted growth rate of 2.84% over the same period.
Key future trends to watch include:
- Sustainability initiatives impacting livestock farming practices.
- Technological advancements in farming efficiency and health management.
- Potential changes in consumer preferences for plant-based diets.
- Global and local economic factors influencing meat production and exports.
- Regulatory changes and their impact on the agricultural sector.
