Between 2013 and 2023, Italy's poultry meat slaughterings demonstrated fluctuations with an overall slight upward trend. Starting at 1.22 million metric tons in 2013, the value increased to 1.37 million metric tons in 2023. Noteworthy years include 2016's peak with 1.37 million metric tons and 2022's sharp decline to 1.21 million metric tons. Recently, 2023 saw a significant 12.66% rebound. The average CAGR over the last five years (up to 2023) stands at 1.24%, indicating modest growth.
Future trends to watch for:
- Stabilization as forecast data from 2024-2028 shows marginal annual growth, with a forecast 5-year CAGR of 0.34%
- Industry effects from evolving consumer preferences for sustainable and alternative proteins
- Potential market volatility due to geopolitical and economic changes influencing meat production costs and supply chains