The Latvian meat market volume showed varying trends from 2013 to 2023, beginning at 69.619 million kilograms in 2013 and decreasing to 69.153 million kilograms in 2023. Notable fluctuations occurred, with the peak in 2020 at 82.713 million kilograms. Year-on-year changes highlighted periods of both growth and decline, notably a 15.04% drop in 2021. Over the last five years, the market experienced an average annual decrease of 1.61%.
Looking forward, the Latvian meat market should focus on sustainable practices and alternatives amid health and environmental concerns. Monitoring consumer trends and potential regulatory impacts is essential for future strategic planning.
How does Latvia rank in Meat Market Size Volume?
| # | 21 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 13,419,000,000 | 2023 | +3.48% | +3.45% | View data |
| 2 | 2 Spain | 6,256,900,000 | 2023 | +2.03% | +1.16% | View data |
| 3 | 3 Italy | 4,821,400,000 | 2023 | -3.68% | -3.19% | View data |
| 4 | 4 France | 4,587,700,000 | 2023 | -0.41% | -1.09% | View data |
| 5 | 5 United Kingdom | 3,464,300,000 | 2023 | +1.55% | +1.19% | View data |
| 18 | 18 Croatia | 209,130,000 | 2023 | +3.58% | +1.25% | View data |
| 19 | 19 Ireland | 159,350,000 | 2023 | -5.59% | -4.88% | View data |
| 20 | 20 Latvia | 69,153,000 | 2023 | -0.8% | -1.61% | |
| 21 | 21 Estonia | 19,548,000 | 2023 | -3.08% | -3.55% | View data |
