Based on the provided data, the supply of chicken meat in the UAE is forecasted to increase from 440.0 thousand metric tons in 2024 to 479.0 thousand metric tons by 2028. This indicates a steady year-on-year growth, with a notable increase from 450.0 thousand metric tons in 2025 to 459.0 thousand metric tons in 2026, and from 469.0 thousand metric tons in 2027 to 479.0 thousand metric tons in 2028. It is essential to mention that in 2023, the supply stood at a lower value than the forecasted 440.0 thousand metric tons in 2024.
The year-on-year percentage variations highlight a consistent upward trend:
- 2024: Baseline year
- 2025: Approximately +2.27%
- 2026: Approximately +2.00%
- 2027: Approximately +2.18%
- 2028: Approximately +2.13%
To assess the longer-term trend, the Compound Annual Growth Rate (CAGR) over the period from 2024 to 2028 can be calculated to provide an average yearly growth rate. The overall trend shows a sustained and steady increase in chicken meat supply within the UAE market.
Future trends to watch for:
- Potential impacts of global supply chain disruptions on the forecast.
- Changes in domestic production capacity and poultry farming innovations.
- Evolving consumer preferences toward organic and free-range chicken meat.
- Government policies affecting import tariffs and trade regulations.