In 2023, eggs production at the farm gate in Norway stood at 116.30 million Euros. Forecasts for 2024 project a production value of 116.11 million Euros, marking a slight decline of 0.16% year-on-year. This downward trend continues through 2028, with values dropping to 115.29 million Euros, demonstrating an average annual decrease of roughly 0.18%. In the last two years of the forecast period, the decline in production also follows a similar pattern, confirming a consistent downward trajectory. The Compound Annual Growth Rate (CAGR) over the last five years reflects a negative growth trend.
Future trends to watch for:
- Potential impacts of climate change on agricultural productivity.
- Shifts in consumer preferences towards alternative proteins.
- Changes in regulatory policies affecting the poultry industry.
- Technological advancements in egg production and farm management.
- Economic factors influencing production costs and market prices.
