Forecast: Mutton and Goat Meat Market Size Volume in Argentina

In 2023, the mutton and goat meat market in Argentina stood at 52.0 thousand metric tons. The market experienced fluctuations over the last decade with notable declines, especially from 2019 to 2020. The year-on-year variation for 2023 was stable at 0%, maintaining the levels of 2022. Over the last five years, the compound annual growth rate (CAGR) averaged -1.47%, indicating a general downtrend. Specifically, the market saw significant drops in 2016 and 2020, and a notable recovery in 2021.

Future trends to watch for include potential impacts of economic policies, consumer demand shifts, and changes in environmental regulations. There is also a projected decline with a forecasted 5-year CAGR of -1.39%, suggesting that market contractions might continue, leading to an overall decrease of approximately 6.75% by 2028. Monitoring these trends will be crucial for stakeholders to adapt strategies accordingly.

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