Forecast: Chicken Meat Production in United Arab Emirates

Chicken meat production in the United Arab Emirates has shown a steady growth trajectory from 2013 to 2023. Starting at 43.2 thousand metric tons in 2013, production increased to 52.35 thousand metric tons by 2023. The production observed fluctuations, with notable dips and recoveries, such as the slight decrease in 2017 and a more significant drop in 2020, possibly due to market disruptions. However, the production rebounded strongly post-2020.

The year-on-year variation highlights these trends, showing a 3.11% decline in 2020, followed by a substantial 7.01% increase in 2021, stabilizing at around 1.55% in 2023. The Compound Annual Growth Rate (CAGR) over the past five years stands at 1.64%, indicating moderate but consistent growth.

Looking ahead, the forecast from 2024 to 2028 suggests that chicken meat production will continue to grow, reaching 56.51 thousand metric tons by 2028. The forecasted 5-year CAGR is 1.2%, with a total growth rate of 6.17% over the period.

Future trends to watch for include advancements in poultry farming technology, potential impacts of climate change on feed costs and production, and changes in consumer preferences towards sustainable and locally sourced products.