Forecast: Chicken Meat Production in Argentina

The chicken meat production in Argentina saw a notable increase from 2013 to 2023, reaching 2.3908 million metric tons in 2023. From 2013 to 2023, there were year-on-year fluctuations with a significant dip in 2016 and 2018 but overall growth. Over the last two years, the production increased by 2.19 percent in 2022 and by 2.1 percent in 2023. The compound annual growth rate (CAGR) over the last five years stood at 2.93 percent.

Looking forward, production is forecasted to continue increasing steadily, with an expected CAGR of 1.61 percent from 2024 to 2028, resulting in an anticipated growth rate of 8.3 percent over the five-year period.

Future trends to watch for include:

- Potential impacts of global trade policies on exports and imports.

- Advances in agricultural technology that could increase production efficiency.

- Shifts in consumer preferences towards alternative proteins which might affect demand.

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