The poultry meat slaughterings in Spain have shown a varied trend over the years. From 2013 to 2016, there was a consistent upward trajectory with a notable increase in values. The growth rate took a slight dip in 2017, but a significant jump was observed again in 2018. However, the period from 2019 to 2023 showed a mix of slight rises and falls, indicating a period of stabilization. In 2023, poultry meat slaughtering stood at 800.58 million units, reflecting a modest growth trend. The Compound Annual Growth Rate (CAGR) from 2018 to 2023 was relatively flat at 0.024%, highlighting a plateau in growth during those years.
Future forecasts from 2024 to 2028 suggest a steady yet modest rise in poultry meat slaughterings, with a forecasted five-year CAGR of 0.53%. This consistent but slow growth indicates a stabilization of the market with potential incremental increases in production.
Future trends to watch for:
- Impact of advancing agricultural technologies on production efficiency.
- Consumer preference shifts towards alternative proteins or sustainable practices.
- Regulatory changes and their effects on poultry farming practices.
- Impact of global and domestic market conditions on supply and demand dynamics.