Forecast: Chicken Meat Supply in Singapore

The actual supply of chicken meat in Singapore stood at 230.0 thousand metric tons in 2023. Forecasted data indicates a steady increase in chicken meat supply from 2024 to 2028, with values growing from 233.0 in 2024 to 244.0 thousand metric tons in 2028. The year-on-year variations in percentage show a consistent growth pattern:

2024: 1.30%, 2025: 1.29%, 2026: 0.85%, 2027: 1.26%, 2028: 1.24%.

The Compound Annual Growth Rate (CAGR) from 2023 to 2028 is approximately 1.15%, indicating modest annual growth in chicken meat supply over the next five years.

Future trends to watch for:

• Impact of technological advancements in poultry farming on supply chain efficiency.

• Changes in import-export policies and their impact on local supply.

• Consumer demand shifts towards alternative proteins and their influence on chicken meat supply.

• Ongoing effects of global economic conditions on production and trade.