Bacon and Other Cured Cuts Price Per Unit in Belgium

Between 2011 and 2021, the price per kilogram of bacon and other cured cuts in Belgium demonstrated notable fluctuations. Starting at €12.83 in 2011, there was an initial rising trend until 2012, followed by varying declines, reaching €7.10 in 2020. This period saw significant decreases with a minor increase in 2021 to €7.28. Over the last five years, the compound annual growth rate (CAGR) indicates a downward trend, underscoring a persistent price decline mainly driven by shifts in consumer preferences and market dynamics.

Looking ahead, potential factors influencing future prices include changes in agricultural policy, economic conditions, and consumer health trends emphasizing reduced processed meat consumption. Monitoring these indicators will be critical for understanding the future pricing landscape.

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