Key Market Indicators
Slovak Meat Sales are projected to soar to approximately €1.1 billion by 2028, up from around €1 billion in 2023, marking a year-on-year compound annual growth rate (CAGR) of 1.6%. The Slovak market has consistently grown by 1.5% annually since 2013. In 2023, Slovakia was ranked 24th in meat sales, with Serbia slightly ahead at €1 billion. France, Spain, and Italy claimed the second, third, and fourth spots, respectively. In terms of meat consumption, Slovakia is expected to reach 349,000 metric tons by 2028, rising from 332,000 metric tons in 2023. This represents an average annual growth of 0.8%. Since 2019, the demand for meat in Slovakia has increased by 1.2% each year. However, Slovak meat production is on a declining trend, projected to drop to approximately 121,000 metric tons by 2028 from nearly 138,000 metric tons in 2023. This translates to a yearly decline of 2.1% in CAGR. Since 1998, Slovak meat supply has decreased by 2% annually.
