Austria's frozen sheep meat market experienced fluctuating volumes from 2012 to 2022. Starting from 999 thousand kilograms in 2012, the market saw an overall increase to 1102.3 thousand kilograms by 2022. Key trends include significant growth between 2013 and 2017, peaking at an average annual growth rate (CAGR) of 6.67% in 2017. However, the market faced declines from 2018 onwards, with the volume decreasing by 1.14% year-on-year in 2022, resulting in a -4.39% CAGR over the past five years.
Future trends to watch for:
- Potential market stabilization or continued decline based on economic and consumer behavior patterns.
- Impact of supply chain adjustments and agricultural policies on volume.
- Shifts in consumer preferences towards alternative protein sources.