Between 2010 and 2020, the price per unit of cured pork cuts in Spain saw a general upward trend, with values rising from €7.29/kg in 2010 to €8.99/kg in 2020. Notable peaks occurred in 2015 and 2019, with prices reaching €9.8/kg in 2019 before slightly decreasing in 2020. Over the last five years, the compound annual growth rate (CAGR) was approximately 5.3%, indicating robust price growth. Year-on-year fluctuations were influenced by broader economic conditions and supply chain factors.
Future trends to watch for include:
- The impact of inflation and economic recovery post-pandemic which might influence consumer demand and purchasing power.
- Changes in consumer preferences and potential shifts towards alternative proteins or plant-based products.
- Regulatory changes affecting pork production and trade, impacting overall market prices.
