The Latvian market for hams and cured pork shoulders experienced fluctuations between 2013 and 2023, with the value per capita dropping from 13.19 Euros in 2013 to 10.51 Euros in 2023. The market saw a notable decline through 2019, reaching as low as 9.99 Euros per capita, but showed signs of stabilization from 2020 to 2023, with slight annual increments. The last two years (2022-2023) have seen a marginal increase, reflecting a tendency towards recovery. Over the past five years, the market witnessed a minimal Compound Annual Growth Rate (CAGR), indicating steadying conditions.
Future trends to watch for:
- Potential impacts of evolving consumer preferences on demand for traditional meat products.
- Influence of economic factors on consumer spending and market growth.
- Impact of policy changes and global supply chain dynamics on product availability and pricing.
How does Latvia rank in Hams and Cured Pork Shoudlers Market Size Value Per Capita?
| # | 19 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 71.25 | 2023 | View data | ||
| 2 | 2 Spain | 58.02 | 2023 | View data | ||
| 3 | 3 Germany | 31.45 | 2023 | View data | ||
| 4 | 4 Sweden | 21.33 | 2023 | View data | ||
| 5 | 5 Portugal | 19.8 | 2023 | View data | ||
| 7 | 7 Croatia | 12.96 | 2023 | View data | ||
| 8 | 8 Austria | 10.71 | 2023 | View data | ||
| 9 | 9 Latvia | 10.51 | 2023 | |||
| 10 | 10 Estonia | 9.01 | 2023 | View data | ||
| 11 | 11 United Kingdom | 8.22 | 2023 | View data | ||
