The production of ducks in Germany has shown a fluctuating trend over the past decade. From 2013 to 2016, production was relatively stable with minor variations. However, a significant dip occurred in 2017, leading to a decrease that persisted up to 2023. Specifically, the production volume in 2023 stood at 49.7 thousand metric tons, marking a -2.17% year-on-year decrease from 2022. Over the past two years, the average annual drop was about -2.15%. The compound annual growth rate (CAGR) from 2019 to 2023 reflects a -2.15% decline on average each year.
Looking ahead, forecasted data from 2024 to 2028 indicates a continued downward trend, with a projected CAGR of -1.95% and an overall decrease of -9.37% over the five-year period. This suggests that structural factors may be influencing the decline, necessitating strategic adjustments and more focused market interventions.
Future trends to watch for include:
- Potential impacts of regulatory changes in the EU affecting poultry production
- Shifts in consumer preferences towards alternative proteins or more sustainable meat sources
- Technological advancements in farming and production efficiency
- Volatile market conditions influenced by global trade policies and economic factors