Between 2010 and 2020, the price of fresh sheep meat in Spain fluctuated, starting at €4.03 per kilogram in 2010 and reaching €5.94 in 2020. There was a significant increase in prices from 2015 to 2020, with a Compound Annual Growth Rate (CAGR) over the last five years indicating steady growth. The period from 2015 to 2017 saw rapid price rises, whereas more moderate increases occurred between 2018 and 2020.
By 2023, prices continued on an upward trajectory driven by consumer demand, production cost increases, and inflationary pressures in the agricultural sector.
Future trends to watch include:
- Impact of supply chain disruptions on price volatility.
- Influence of global market trends and trade policies on local pricing.
- Potential shifts in consumer preferences towards alternative protein sources.
