Between 2011 and 2021, the price of fresh chicken cuts in Germany exhibited fluctuations, increasing from €2.96 to €3.86 per kilogram, a 30% rise overall. Notably, a substantial year-on-year increase of 18.4% occurred from 2020 to 2021. The compound annual growth rate (CAGR) over the last five years was approximately 1.96%. As of 2023, prices have stabilized around this last known value. Key points for consideration include supply chain adjustments, consumer demand shifts, and potential regulatory impacts on pricing.
Future Trends to Watch:
- Impacts of climate change on poultry farming and feed costs.
- Potential shifts in consumer preferences towards alternative proteins.
- Influence of economic conditions on disposable income and purchasing power.
