Based on the observed data from 2013 to 2023, Argentina's chicken meat slaughtering has exhibited fluctuating annual growth rates with notable increases and decreases. In 2023, the volume stood at 800.91 million heads, reflecting a year-on-year increase of 1.58%. Over the past two years, the volume showed an uptick, with 2022 and 2023 registering positive variations of 1.64% and 1.58%, respectively. The Compound Annual Growth Rate (CAGR) from 2018 to 2023 was 2.4%.
Looking forward, forecasted data for 2024 to 2028 indicates a continued uptrend in chicken meat slaughtering, with a forecasted five-year CAGR of 1.23%. By 2028, the volume is expected to reach 866.15 million heads, representing a 6.33% increase from 2023.
Future trends to watch for:
- Potential impacts of economic conditions on poultry consumption and production.
- Changes in global trade policies and their effects on Argentina's export markets.
- Technological advancements in poultry farming and processing efficiency.
- Environmental and regulatory changes that could influence agricultural practices.
