The Czech Republic's frozen whole chicken market has consistently contracted over the past decade, peaking at 10.595 million kilograms in 2013 and declining to 4.5912 million kilograms by 2023. Year-on-year declines have been notable particularly in the last two years, with decreases of 10.77% in 2022 and 11.95% in 2023. The five-year compound annual growth rate (CAGR) stands at -8.02%, highlighting a sustained downward trend.
Future trends to watch for:
- Potential recovery in volume as consumer preferences shift back to more traditional meats.
- Impact of rising health consciousness and potential regulatory changes influencing market dynamics.
- Technological advances in food storage and transport that may reduce costs and reinvigorate demand.