The forecast for horse meat slaughtering in Australia shows a steady decline in volume from 81.25 thousand heads in 2024 to 78.83 thousand heads by 2028. Compared to the actual figure from 2023, this indicates a consistent year-on-year decrease in slaughters.
Year-on-year percentage variations show:
- From 2024 to 2025, there is a decrease of 0.76%.
- From 2025 to 2026, there is a decrease of 0.77%.
- From 2026 to 2027, there is a decrease of 0.74%.
- From 2027 to 2028, there is a decrease of 0.74%.
The compound annual growth rate (CAGR) over this five-year forecast period averages around -0.75% per year.
Future trends to watch include changes in regulatory policies, shifts in consumer demand, and potential impacts from international trade agreements. Monitoring these factors will be crucial for stakeholders to forecast long-term developments accurately.
