The forecast for bull slaughterings in Germany indicates a consistent declining trend from 2024 to 2028, beginning at 435.05 thousand metric tons in 2024 and decreasing by approximately 2% annually. By 2028, it is projected to reach 403.44 thousand metric tons. This trend contrasts with the actual figure in 2023, which stood at higher levels compared to the commencing forecast of 2024. The CAGR from 2024 to 2028 illustrates a steady year-on-year reduction, suggesting challenges in the industry.
Future trends to watch for include:
- Shifts in consumer preferences towards plant-based diets.
- Regulatory changes affecting livestock farming.
- Market dynamics affecting meat export and import.
- Technological advancements in meat production.
