As of 2023, Spain's poultry production stood at 2.47 million metric tons. For the period from 2024 to 2028, the forecast data shows a steady increase in production. Specifically, production is expected to grow from 2.51 million metric tons in 2024 to 2.65 million metric tons by 2028. This represents a consistent year-on-year growth.
Year-on-year growth rates are as follows:
- 2024 to 2025: 1.20%
- 2025 to 2026: 1.57%
- 2026 to 2027: 1.16%
- 2027 to 2028: 1.53%
Over the last two years (2023-2025), the average annual growth rate was approximately 1.19%. Considering the five-year period from 2023-2028, the Compound Annual Growth Rate (CAGR) is estimated at around 1.45% per annum.
Future trends to watch include potential impacts of climate change on feed availability, technological advancements in production efficiency, and shifts in consumer preferences towards more sustainable and locally sourced poultry products. Monitoring regulatory changes and trade agreements within the European Union will also be essential for anticipating market dynamics.
