Forecast: Beef Meat Slaughtering in Austria

In 2023, beef meat slaughtering in Austria stood at approximately 679.71 thousand heads. Analyzing the year-on-year variations, there was a slight decrease of 0.13% from 2022. Over the past five years, the compound annual growth rate (CAGR) is -0.42%, indicating a general downward trend.

Looking back further, the data shows fluctuations with an initial increase in 2013, and alternating periods of modest rises and declines. The most significant drop occurred in 2020 with a year-on-year decrease of 4.75%. Recovery followed in 2021 with a 5.13% increase, but the trend has stabilized into a slight decline moving forward.

As for future trends, forecasts predict a gradual decline in beef slaughtering, with an annual average decrease of 0.1% through 2028. Points to monitor include shifts in consumer preferences, potential regulatory changes, and economic factors that may impact livestock production.

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