The meat and poultry market in Estonia showcased moderate growth from 2013 to 2023, reaching a value of 442.44 million euros in 2023. Yearly fluctuations were observed, with a notable peak in 2019, followed by steady growth, albeit at a slower pace, with recent years showing an annual increase of around 1-2%. The compound annual growth rate (CAGR) over the past five years averaged 2.21%, indicating a stable market environment with consistent demand.
Future trends to watch for in Estonia's meat and poultry sector include:
- Potential shifts towards plant-based alternatives influencing meat consumption.
- Technological advancements in production enhancing efficiency and product quality.
- Changing consumer preferences for sustainably sourced and organic meat products.
- Impact of government policies and regulations on market dynamics and trade.
How does Estonia rank in Meat and Poultry Meat Products Market Size Value?
# | 26 Countries | Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 25,746,000,000 | 2023 | +1.08% | +1.15% | View data |
2 | 2 Italy | 15,113,000,000 | 2023 | +1.88% | +0.7% | View data |
3 | 3 France | 14,125,000,000 | 2023 | +1.47% | +2.2% | View data |
4 | 4 Spain | 12,165,000,000 | 2023 | +2.15% | +2.18% | View data |
5 | 5 United Kingdom | 10,691,000,000 | 2023 | -0.076% | +0.051% | View data |
20 | 20 Lithuania | 619,430,000 | 2023 | +1.03% | +2.96% | View data |
21 | 21 Slovakia | 573,210,000 | 2023 | +3% | +2.99% | View data |
22 | 22 Estonia | 442,440,000 | 2023 | +1.72% | +2.21% | |
23 | 23 Slovenia | 349,630,000 | 2023 | +1.3% | +3.03% | View data |
24 | 24 Latvia | 276,760,000 | 2023 | +1.33% | +0.69% | View data |