The forecast for the sold production of frozen poultry meat in Belgium from 2024 to 2028 indicates a steady increase. In 2023, the actual sold production was 154.37 million kilograms. For the subsequent years, the projections are as follows:
- 2024: 156.75 million kilograms
- 2025: 159.16 million kilograms
- 2026: 161.54 million kilograms
- 2027: 163.89 million kilograms
- 2028: 166.23 million kilograms
Year-on-year variation shows an average annual increase of around 1.6% between 2024 and 2028. Over the last two years, this rate demonstrates a consistent upward trend in production volumes, reflecting the growing demand for frozen poultry meat. The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is approximately 1.87%, illustrating a solid growth trajectory.
Future trends to watch for include advancements in poultry farming technology, shifts in consumer preferences towards frozen products, and potential impacts from trade policies. Monitoring these factors will be critical in forecasting production and market dynamics accurately.