Forecast: Poultry Meat Residuals in United Arab Emirates

The volume of poultry meat residuals in the United Arab Emirates has exhibited substantial fluctuations from 2014 to 2023, starting from 24.0 thousand metric tons in 2014 to 216.0 thousand metric tons in 2023. Notable year-on-year variations include a significant increase of 595.83% in 2015, followed by a steep decline in 2017 of -53.03%. Between 2018 and 2023, growth stabilized with moderate year-on-year increases, such as 5.64% in 2022 and 4.85% in 2023. The Compound Annual Growth Rate (CAGR) over the recent 5-year period stands at 2.28%.

Looking forward, from 2024 onwards, forecasted data predicts a steady annual increase, with an expected volume rising from 226.0 thousand metric tons in 2024 to 265.0 thousand metric tons in 2028. The forecast 5-year CAGR is 3.24% signaling a stable growth rate of 17.26% over the forthcoming years.

Future trends to watch for include potential influences from regulatory changes, advancements in poultry farming technology, and shifts in consumer preferences towards sustainable and locally-sourced meat products. Monitoring these factors will be crucial for accurately predicting future trends in poultry meat residuals in the UAE.