In 2023, sheep and goats production in Germany stood at 16.5 thousand metric tons. From 2024 to 2028, forecasted data indicates a consistent decline in production value, dropping from 13.96 thousand metric tons in 2024 to 4.75 thousand metric tons by 2028. The year-on-year decline is significant, with each year witnessing a substantial decrease in production volume, predominantly ranging from over 15% to nearly 32% towards 2028. The Compound Annual Growth Rate (CAGR) across this period portrays a negative trend averaging at approximately -20.5% annually.
Key future trends to watch include:
- Investigation into causes for declining production, whether due to market conditions, environmental factors, or policy changes.
- Potential shift in agricultural focus or technological adoption to counterbalance the downward trend.
- Impact assessments on local agriculture-related economies and subsequent market adjustments.
