The price per unit of meat and poultry meat products in Lithuania exhibited a largely upward trend from 2011 to 2021, starting at 3.55 Euros per kilogram in 2011 and reaching 4.34 Euros per kilogram by 2021. Notable increases can be seen from 2011 to 2015, showing a clear rise for several consecutive years. However, fluctuations occurred in 2016, 2017, and 2020, with slight declines noted. Over the last two years available, the price experienced a modest increase, indicative of recovery and stabilization. The Compound Annual Growth Rate (CAGR) over the last five years presents a stabilized annual growth rate in unit pricing.
For future trends, it is crucial to watch for:
- Impacts of global inflation on meat and poultry prices.
- Changing consumer preferences towards plant-based alternatives.
- Regulatory measures and sustainability practices in meat production.
- Supply chain disruptions affecting pricing.
- Potential growth in local production influencing market dynamics.
