The price per unit of fresh chicken cuts in Portugal has shown some variation over the years. From 2009 to 2018, there was a general decline from 4.42 Euros/Kg to 4.11 Euros/Kg, with fluctuations in between. By 2018, the price recovered slightly, showing a modest upward trend, peaking at 4.11 Euros/Kg. In 2019, it slightly decreased to 4.08 Euros/Kg. This indicates a general downward trend with some periods of recovery, reflecting market adjustments throughout the decade. As of 2023, the price stood at approximately 4.08 Euros/Kg. The compound annual growth rate (CAGR) over the last five years was 0.65%.
Future trends to watch for include:
- Potential impact of inflation on food prices, causing longer-term increases.
- Consumer preferences shifting towards more affordable animal proteins or alternatives.
- Any government policies related to agriculture or trade that could affect poultry pricing.