The mutton and goat meat production in Australia saw a general declining trend from 2014 to 2023, with slight fluctuations. The production was 747.0 thousand metric tons in 2023, reflecting a minimal year-on-year decrease of 0.13% from 2022. Over the last five years, the compound annual growth rate (CAGR) was at -0.42%, indicating a slight average annual decline.
Notable year-on-year variations include a significant drop of 5.76% in 2017 and a marked increase of 8.53% in 2018. More recently, a year-on-year growth of 5.26% was recorded in 2021, followed by stability in 2022 and a slight decrease again in 2023.
Looking forward, the forecasted data from 2024 to 2028 show a marginal decline in production levels with a forecasted five-year CAGR of -0.01%. Future trends to watch for include potential impacts of climate change, shifts in demand both domestically and internationally, and changes in agricultural practices that could influence production levels.
