Key Market Indicators
Irish meat sales are projected to decline significantly, falling to approximately €1.53 billion by 2028 from around €3.12 billion in 2023. This marks an average annual decrease of 11.2%. The market has been on a downward trend since 2013, with an average yearly decline of 9.3%. In 2023, Ireland ranked 17th in terms of meat sales, with Portugal slightly ahead at the same €3.12 billion figure. France, Spain, and Italy secured the second, third, and fourth positions, respectively. Conversely, Irish meat consumption is expected to see a modest increase. It is set to reach 381,000 metric tons by 2028, up from 378,000 metric tons in 2023, reflecting a compound annual growth rate (CAGR) of 0.1%. Since 2019, the demand for meat in Ireland has seen a slight annual increase of 0.1%. Irish meat production is also on an upward trend. By 2028, production is forecasted to hit 1.28 million metric tons, rising from 1.20 million metric tons in 2023. This represents an average annual growth rate of 0.9%. Historically, since 1966, Ireland's meat supply has increased by an average of 1.1% per year.
