In 2023, Indonesia led global poultry meat budgetary transfers with a significant value, while China showed a remarkable 45.98% increase, indicating robust growth. Canada and New Zealand experienced declines of 6.61% and 25.89% respectively. Iceland and Argentina showed negative values, pointing to shrinking budgets. Norway remained steady with no change. Over the past five years, there has been notable variability, with China displaying strong growth and other regions experiencing fluctuations.
Future trends to watch include Asia's increasing support for poultry meat and potential volatility in North and South America. Monitoring changes in government policies will be crucial for understanding market dynamics.
Top countries in Poultry Meat Budgetary Transfers by Country
| # | 7 Countries | Million US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Indonesia | 6,030 | 2023 | +14.25% | View data | |
| 2 | 2 China | 38.96 | 2023 | +4.55% | +45.98% | View data |
| 3 | 3 Canada | 3.27 | 2023 | +26.08% | -6.61% | View data |
| 4 | 4 New Zealand | 0.56 | 2023 | +1.54% | -25.89% | View data |
| 5 | 5 Iceland | 0.23 | 2023 | -0.011% | -10.94% | View data |
| 6 | 6 Norway | -4.12 | 2023 | -0.64% | View data | |
| 7 | 7 Argentina | -71.62 | 2023 | +18.88% | View data |
