Forecast: Beef Meat Slaughtering in Spain

The beef meat slaughtering in Spain has shown a fluctuating trend. From 2013 to 2023, the overall pattern has been characterized by minor year-on-year variations, with a notable decline in 2020, followed by relatively steady growth in subsequent years. In 2023, the volume stood at 2.5419 million heads, reflecting a minimal increase from the previous year.

Notable annual variations include:

  • 2013: -2.8%
  • 2014: -1.77%
  • 2015: 6.93%
  • 2016: 1.71%
  • 2017: 0.72%
  • 2018: 2.99%
  • 2019: 1.96%
  • 2020: -5.24%
  • 2021: 5.8%
  • 2022: 0.5%
  • 2023: 0.48%

The last 5-year CAGR leading to 2023 was 0.64%, indicative of a modest growth trend. Forecasts suggest a 0.39% CAGR over the next five years, leading to a total increase of approximately 1.98% by 2028.

Future trends to watch for include potential impacts of climate change on cattle farming, shifts in consumer preferences toward plant-based diets, and changes in trade policies that may influence both the supply and demand of beef meat in Spain.

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