Key Market Indicators
Estonia's meat sales are projected to surge to approximately €455 million by 2028, up from €398 million in 2023. This marks an average annual growth rate of 2.2%. Notably, the Estonian meat market has experienced a steady increase of 3.6% year-on-year since 2013. In 2023, Estonia ranked 29th globally, with Latvia surpassing it at the same €398 million mark. France, Spain, and Italy occupied the second, third, and fourth positions, respectively. Estonian meat consumption is forecasted to reach 99,000 metric tons by 2028, increasing from 95,000 metric tons in 2023. This represents an average annual growth rate of 0.6%. Since 2019, the demand for meat in Estonia has risen by 0.6% annually. On the production side, Estonia is expected to produce 74,070 metric tons of meat by 2028, down slightly from 74,360 metric tons in 2023. This indicates a marginal annual decline of 0.1%. However, since 1997, Estonia's meat supply has seen a modest annual increase of 0.4%.
