The price per unit of meat and poultry products in Belgium has experienced fluctuations over the past decade. From 2011 to 2015, prices showed an increase but faced a significant dip from 2016 to 2020. Notably, prices reached their highest point in 2013, then declined steadily until a slight recovery began in 2021. Over the last two years, there was a noticeable price recovery. The compound annual growth rate (CAGR) over the last five years showed a marginal downward trend. In 2023, the price stood at an approximate value of 7.59 Euros per kilogram, marking a stabilization in prices.
Future trends to watch for include:
- Potential impacts of environmental and health concerns on meat consumption patterns.
- Influence of plant-based alternatives gaining market share, possibly affecting prices.
- Economic factors impacting consumer purchasing power and meat affordability.