The price per unit of fresh chicken cuts in Austria shows fluctuations from 2011 to 2020. The prices moved from €5.71 in 2011 to €6.39 in 2020, indicating an overall upward trend despite periodic decreases. Notably, from 2018 to 2020, prices increased steadily, showing a robust upward movement, suggesting stronger demand or cost pressures in these years.
Year-on-year variations from 2019 to 2020 depict a price increase of approximately 3.4%. The compound annual growth rate (CAGR) over the last five years is about 2.24%, highlighting a moderate but consistent price rise trend.
In 2023, the price for fresh chicken cuts is anticipated to be influenced by continued inflationary pressures, supply chain issues, and evolving consumer preferences. Future trends to watch include potential price adjustments driven by changes in production costs, consumer demand for sustainable products, and geopolitical factors affecting import/export dynamics.
