The Fresh Bovine Meat Market in Hungary displayed a growth trend from 2013 to 2018, with a peak in per capita value in 2018 at 8.33 Euros. A decline followed in 2019 and 2020, but a recovery is observed from 2021 to 2023, with the 2023 value standing at 7.71 Euros Per Capita. The year-on-year variation in 2022 was 1.74%, and 2023 saw a rise of 1.45%. Over the last five years, the Compound Annual Growth Rate (CAGR) averaged 0.91% indicating modest but consistent growth.
Future trends to watch include:
- Potential shifts in consumer preferences influencing beef consumption.
- Economic factors impacting purchasing power.
- Health and sustainability trends potentially affecting the market.
How does Hungary rank in Fresh Bovine Meat Market Size Value Per Capita?
| # | 21 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 211.4 | 2023 | View data | ||
| 2 | 2 Sweden | 170.87 | 2023 | View data | ||
| 3 | 3 United Kingdom | 138.07 | 2023 | View data | ||
| 4 | 4 Italy | 132.88 | 2023 | View data | ||
| 5 | 5 France | 120.87 | 2023 | View data | ||
| 19 | 19 Latvia | 14.13 | 2023 | View data | ||
| 20 | 20 Bulgaria | 7.97 | 2023 | View data | ||
| 21 | 21 Hungary | 7.71 | 2023 | |||
