Key Market Indicators
Luxembourger Meat Sales are projected to climb to €177 million by 2028, up from €163 million in 2023. This growth represents an average annual increase of 1.4%. Since 2013, the market has seen a steady rise of 2% per year. In 2023, Luxembourg ranked 32nd globally, with Cyprus slightly ahead at €163 million. The leading countries in meat sales were France, Spain, and Italy, occupying the second, third, and fourth spots respectively. Meat consumption in Luxembourg is also on an upward trajectory. It is expected to reach 51,000 metric tons by 2028, up from 50,000 metric tons in 2023, reflecting a compound annual growth rate (CAGR) of 0.4%. Since 2019, the demand for meat in Luxembourg has increased by 0.4% annually. Meat production in Luxembourg is forecasted to reach 25,160 metric tons by 2028, rising from 24,270 metric tons in 2023. This indicates an average annual growth rate of 0.6%. Since 2005, the country's meat supply has grown at an average rate of 0.9% per year.
