From 2012 to 2022, the Fresh Bovine Meat Market in Italy has seen considerable fluctuations in volume. The market grew from 1.359 billion kilograms in 2012 to its peak of 1.693 billion kilograms in 2017, representing overall positive growth. However, after a significant decline of 28.64% in 2018, the market's volume has not returned to its earlier levels. Over the last five years (2018-2022), the market experienced negative growth with a CAGR of -5.57%, highlighting a declining trend.
Key Year-on-Year Variations:
- 2012: 2.86%
- 2013: 7.8%
- 2014: 14.84%
- 2015: -4.58%
- 2016: 1.16%
- 2017: 4.24%
- 2018: -28.64%
- 2019: 6.31%
- 2020: 5.94%
- 2021: -6.79%
- 2022: 0.25%
For future trends, it will be crucial to monitor factors such as consumer preferences for plant-based diets, economic conditions, and regulatory changes which could impact the market either positively or negatively. Additionally, technological advancements in meat production and sustainability practices should be closely watched.
How does Italy rank in Fresh Bovine Meat Market Size Volume?
| # | 20 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,732,700,000 | 2023 | +3.4% | +1.47% | View data |
| 2 | 2 Italy | 1,294,600,000 | 2023 | +0.26% | +1.39% | |
| 3 | 3 United Kingdom | 1,036,800,000 | 2023 | +1.76% | +2.39% | View data |
| 4 | 4 France | 730,100,000 | 2023 | -3.27% | -2.76% | View data |
| 5 | 5 Spain | 721,110,000 | 2023 | +0.85% | +0.61% | View data |
