The Hams and Cured Pork Shoulders market in Latvia experienced fluctuations between 2013 and 2023, starting at 5.47 million kilograms in 2013 and decreasing to 4.41 million kilograms in 2023. The market saw significant declines, particularly from 2014 to 2020, with the largest annual decline of 12.85% in 2015. A modest recovery was observed in 2021, but the overall five-year CAGR from 2018 to 2023 was -1.22%, indicating a continued downward trend.
Future trends to watch for include potential shifts in consumer preferences towards healthier or alternative protein sources, changes in trade policies impacting import/export dynamics, and environmental sustainability concerns influencing production practices. Additionally, monitoring economic factors in Latvia could provide insights into demand fluctuations in this market.
How does Latvia rank in Hams and Cured Pork Shoudlers Market Size Volume?
| # | 18 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 41,344,000,000 | 2023 | +6.76% | +367.42% | View data |
| 2 | 2 Germany | 488,750,000 | 2023 | -0.87% | -1.12% | View data |
| 3 | 3 Italy | 475,690,000 | 2023 | +0.84% | +2.71% | View data |
| 4 | 4 Spain | 204,900,000 | 2023 | +0.94% | +1.74% | View data |
| 5 | 5 United Kingdom | 104,550,000 | 2023 | +0.12% | -0.79% | View data |
| 12 | 12 Greece | 5,433,300 | 2023 | +3.17% | +0.94% | View data |
| 13 | 13 Croatia | 4,901,100 | 2023 | -1.9% | +0.57% | View data |
| 14 | 14 Latvia | 4,413,700 | 2023 | -1.55% | -1.22% | |
| 15 | 15 Lithuania | 2,361,000 | 2023 | +6.88% | +10.35% | View data |
| 16 | 16 Finland | 2,288,400 | 2023 | -7.1% | -2.69% | View data |
