The pork production at farm gate in Argentina has witnessed significant fluctuations over the past decade. From 2013 to 2015, there was robust growth, reaching a peak in 2017. However, production sharply declined in 2018 and continued to decrease until 2020, followed by a modest recovery in 2021 and onward. Notably, 2023 stood at 506.76 million euros. The year-on-year variation reflects these fluctuations, with notable increases in 2015, 2017, and steadier growth evident in recent years. The 5-year CAGR from 2018 to 2023 showed a slight growth of 0.13%, indicating a stabilization compared to previous negative trends.
Looking ahead, forecasted data suggests a gradual increase in pork production, with a projected 5-year growth rate of 7.17% and an average annual growth rate of 1.4% from 2024 to 2028. This steady growth points to a recovery phase. Future trends to watch for include technological advancements in farming practices, fluctuations in feed prices, and shifts in consumer demand for pork products locally and internationally.
