Between 2010 and 2020, the price per kilogram of hams and cured pork shoulders in Portugal underwent substantial fluctuations, ranging from €7.28 to €10.01. After a dip in 2011, prices surged, peaking in 2018 before a slight decline through 2020. The period witnessed an overall upward trend, showcasing strong consumer demand and possible impacts of external market factors. The average annual growth rate (CAGR) over the last five years stands at a moderate level, indicating steady demand.
Future trends to watch for in 2024 would include the impact of potential economic shifts, consumer preference changes, and sustainability practices within the meat industry, which could influence pricing dynamics significantly. Monitoring these variables will be crucial for predicting price movements sustainably.
