In 2023, South Africa's poultry meat production stood at 1.75 million metric tons. The forecasted data from 2024 to 2028 indicates a stable production level, remaining constant at 1.75 million metric tons annually. This stability shows a negligible year-on-year variation of 0% across the forecasted period. For the last two years (2022-2023), production remained consistent, mirroring the same pattern for the previous years, which further signifies no compound annual growth rate (CAGR) over the last five years.
Future trends to watch for:
- Technological advancements in poultry farming that could enhance production efficiency.
- Changes in domestic and global demand that may impact production volumes.
- Potential impacts from the regulatory environment and trade policies.
- External factors such as feed prices and climate conditions affecting production costs and yields.