The Romanian Meat and Poultry Meat Products market value reached 2.1812 billion Euros in 2023, growing gradually since 2013. Over the past decade, the market showed a consistent increase, with significant annual growth peaks in 2017 and 2019. However, in recent years, the growth has slowed, indicated by year-on-year increases of around 1.5% annually during the last two years.
Key points:
- 2013-2023, the average annual growth rate (CAGR) was highest between 2018-2019.
- From 2018 to 2023, the CAGR was 2.86%, showing a deceleration compared to earlier years.
- Growth, though positive, has slowed down considerably since 2020.
For future trends, watch for increased demand for sustainable and ethically sourced meat products accompanying changing consumer preferences. Additionally, market expansion may be driven by technological advancements in meat processing and packaging, alongside the impacts of regulatory changes relating to health and safety standards. Market players should also be aware of the potential effects of economic fluctuations on consumer spending power in Romania.
How does Romania 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 |
| 9 | 9 Austria | 2,809,800,000 | 2023 | +2.25% | +2.14% | View data |
| 10 | 10 Ireland | 2,309,400,000 | 2023 | +2.81% | +3.16% | View data |
| 11 | 11 Romania | 2,181,200,000 | 2023 | +1.49% | +2.86% | |
| 12 | 12 Sweden | 1,701,000,000 | 2023 | +1.47% | +2.56% | View data |
| 13 | 13 Finland | 1,491,100,000 | 2023 | -0.41% | +0.046% | View data |
