The fresh pork market in Latvia demonstrated fluctuation over the past decade, with a notable peak in 2019. In 2023, the market size volume stood at 43.974 million kilograms. From 2014 to 2023, the sector faced periodic declines and growth spikes, impacted by varying economic and supply chain dynamics. The market saw a modest increase in the last two years, with year-on-year growth rates of 0.29% and 0.25% for 2022 and 2023, respectively. Over the last five years, the compound annual growth rate was slightly negative, indicating marginal net declines.
Future trends to monitor include:
- Potential changes in consumer preferences for pork in response to health trends or environmental concerns.
- Impact of any trade agreements or tariffs influencing import and export dynamics.
- Technological advancements in pork production that could affect supply chain efficiencies and market volume.
How does Latvia rank in Fresh Pork Market Size Volume?
| # | 20 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 10,321,000,000 | 2023 | +3.44% | +3.45% | View data |
| 2 | 2 Spain | 3,722,200,000 | 2023 | +1.97% | +0.99% | View data |
| 3 | 3 Italy | 2,607,700,000 | 2023 | -4.09% | -2.78% | View data |
| 4 | 4 Poland | 2,205,200,000 | 2023 | +2.56% | +2.59% | View data |
| 5 | 5 France | 1,529,500,000 | 2023 | -0.59% | -0.85% | View data |
| 17 | 17 Lithuania | 95,728,000 | 2023 | -2.01% | -2.32% | View data |
| 18 | 18 Finland | 69,562,000 | 2023 | +0.14% | -4.09% | View data |
| 19 | 19 Latvia | 43,974,000 | 2023 | +0.25% | -0.48% | |
| 20 | 20 Estonia | 10,833,000 | 2023 | -0.14% | -3.09% | View data |
