The price per unit of cured pork cuts in Belgium saw a steady increase from 2011 to 2014, peaking at 11.16 euros per kilogram. However, a decline followed from 2015, with a sharp drop to 8.54 euros by 2021. Year-on-year changes show a varied trend with significant drops notably in 2018 and 2021. The compound annual growth rate (CAGR) over the last five years was negative, indicating an average yearly decline in prices. As of 2023, the price continued a downward trajectory from 2021 figures.
Future trends to watch for include potential stabilization or further decreases due to changes in production costs, consumer demand, and shifts in dietary preferences towards alternative proteins. Monitoring economic conditions and agricultural policies will be critical in anticipating price movements.
