Forecast: Poultry Meat Slaughtering in Argentina

Over the past decade, the poultry meat slaughtering industry in Argentina has exhibited fluctuating trends. From 2013 to 2016, there was a general decline, with the largest decrease observed in 2016 at -3.5%. This trend reversed with modest increases and decreases, reaching a significant year-on-year rise of 6.3% in 2019. The industry experienced consistent growth from 2021 onwards, peaking at 811.9 million units in 2023.

The last two years continued this upward trend with year-on-year increases of 1.62% in 2022, and 1.57% in 2023. The average compound annual growth rate (CAGR) over the past five years stood at 2.37%.

Looking ahead, forecasts suggest a steady increase with an average annual growth rate of 1.22% over the next five years, culminating in 877.29 million units by 2028, a total growth rate of 6.26% from the 2023 level.

Future trends to watch for include potential impacts from global trade dynamics, shifts in consumer preferences, and advancements in poultry farming technology, which could influence both production capacity and efficiency.