Forecast: Poultry Meat Slaughtering in Belgium

The analysis of poultry meat slaughtering in Belgium reveals a fluctuating trend over the past decade. Starting from 291.4 million units in 2013, the value peaked at 306.59 in 2016 before experiencing a dip to 284.49 million in 2020. A slight recovery followed, with the value standing at 300.28 million in 2023. Year-on-year variations showed notable fluctuations, such as 5.36% increase in 2021 and slight increases of 0.091% and 0.089% in 2022 and 2023 respectively. The compounded annual growth rate (CAGR) over the last five years averaged at -0.36%.

Future trends to watch for include a stabilized growth rate forecasted at 0.07% with an overall increase of 0.37% by 2028. Monitoring technological advancements in poultry farming and changes in consumer preferences due to health trends will be essential for accurate future predictions.