Key Market Indicators
Romanian Meat Sales are projected to climb to approximately €3.88 billion by 2028, marking an increase from €3.52 billion in 2023. This growth represents an average annual increase of 1.5%. Since 2013, the Romanian market has experienced a similar annual growth rate of 1.5%. In 2023, Romania ranked 15th in meat sales, with Hungary surpassing it at €3.52 billion. The leading countries in this market were France, Spain, and Italy, occupying the second, third, and fourth positions, respectively. Romanian Meat Consumption is expected to reach around 1.33 million metric tons by 2028, up from 1.31 million metric tons in 2023. This translates to a modest compound annual growth rate (CAGR) of 0.2%. Since 2019, the demand for meat in Romania has increased by 0.7% year on year. On the production front, Romania's meat output is forecasted to hit nearly 1.07 million metric tons by 2028, a slight rise from 1.07 million metric tons in 2023. The compound annual growth rate for production is essentially flat at 0%. However, since 1966, Romanian meat supply has seen a gradual increase of 0.3% annually.
