Forecast: Poultry Meat Production in Spain

In 2023, Spain's poultry meat production stood at 1.7393 million metric tons. Over the years, production has generally trended upwards despite occasional fluctuations. From 2013 to 2016, production showed a robust growth with a notable peak in 2016. Subsequent years had both slight declines and gains, with significant growth resuming from 2018 onwards.

Year-on-year variations highlight this trend. Notably, 2021 saw a 7.24% increase over the previous year, while 2023 exhibited a 1.74% growth from 2022. The 5-year CAGR from 2019 to 2023 is 2.18%, demonstrating a steady average annual increase.

The forecasted data from 2024 to 2028 indicates a moderated yet continuous growth, with an expected CAGR of 1.35% and a total growth rate of 6.92% over five years. This suggests a sustained upward trend in poultry meat production.

Future trends to watch for include technological advancements in poultry farming, changes in consumer preferences toward poultry products, and potential regulatory impacts on the industry. Environmental sustainability and animal welfare considerations may also shape production practices and market dynamics.