Duck meat production in Paraguay has shown a steady increase from 2013 to 2023, with values growing from 1.69 to 2.1 thousand metric tons. The production exhibited minor fluctuations, including a dip in 2020, followed by a significant recovery in 2021. Between 2022 and 2023, the year-on-year growth stayed modest at around 1.8%. The Compound Annual Growth Rate (CAGR) over the last five years stood at approximately 1.92%.
Future forecasts suggest a continued upward trend, with production expected to reach 2.3 thousand metric tons by 2028. The forecasted five-year CAGR is 1.4%, with an expected total growth rate of 7.18% over this period.
-Future Trends to Watch For:
-Potential impacts of climate change on agricultural output.
-Technological advancements in farming and supply chain enhancements.
-Changes in consumer demand and global market dynamics.
