The Cured Pork Bellies Market in Latvia has experienced a steady decline in per capita value from 2.2 Euros in 2013 to 1.31 Euros in 2023. The market has shown some fluctuations, notable decreases occurred, particularly from 2013 to 2015, with minor recoveries from 2017 to 2018. Over the past two years, a consistent decline is observed, with a year-on-year decrease of 1.5% from 2022 to 2023. The five-year CAGR indicates an average annual decrease of 1.85%.
Looking ahead, potential future trends include:
- Impact of changing consumer preferences towards healthier alternatives.
- Potential economic factors and their influence on consumer spending.
- Possible adjustments in production or pricing strategies in response to declining demand.
How does Latvia rank in Cured Pork Bellies Market Size Value Per Capita?
| # | 19 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Croatia | 16.3 | 2023 | View data | ||
| 2 | 2 Poland | 15.11 | 2023 | View data | ||
| 3 | 3 France | 14.25 | 2023 | View data | ||
| 4 | 4 Belgium | 12.4 | 2023 | View data | ||
| 5 | 5 Slovenia | 10.54 | 2023 | View data | ||
| 16 | 16 Finland | 2.67 | 2023 | View data | ||
| 17 | 17 Czech Republic | 2.38 | 2023 | View data | ||
| 18 | 18 Latvia | 1.31 | 2023 | |||
| 19 | 19 Hungary | 0.42 | 2023 | View data | ||
