The price per unit of fresh bovine meat in Austria showed significant variation from 2011 to 2019. Starting at 7.18 Euros per kilogram in 2011, prices peaked at 9.11 Euros in 2018 before slightly dipping to 8.8 Euros in 2019. Year-on-year variations highlighted notable fluctuations, with the largest increase observed from 2017 to 2018. Over the last five years leading up to 2019, the compound annual growth rate (CAGR) illustrated a moderate upward trend, indicating steady price growth during that period.
Looking into the future, key trends to monitor include:
- Potential impacts of supply chain disruptions or enhancements
- Shifts in consumer demand toward plant-based alternatives affecting beef consumption
- Changes in agricultural policies or trade agreements that could influence meat pricing