In 2024, Spain leads the European Sold Production of Frozen Hams, Shoulders, and Cuts of Pig Meat with a strong market share, followed by Italy and France. Notably, from 2022 to 2023, Italy experienced a substantial growth of over 55%, while Spain grew by 32%. France, Denmark, and Finland also showed positive growth. Conversely, Norway, Hungary, and Lithuania saw declines. Over a five-year period, the compounded annual growth rate highlights Spain's consistent dominance.
Future trends to watch include Spain's continued influence, Italy's potential for further growth, and the impact of economic conditions on smaller markets such as Hungary and Lithuania. Additionally, shifts in consumer preferences toward sustainably-sourced products could shape the industry's landscape.
Top countries in Sold Production of Frozen Hams, Shoulders and Cuts of Pig Meat Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 75.42 | 2023 | +12.22% | +32.01% | View data |
| 2 | 2 Italy | 13.23 | 2023 | +22.8% | +55.27% | View data |
| 3 | 3 France | 9.15 | 2023 | +3.37% | +8.77% | View data |
| 4 | 4 Denmark | 7.8 | 2023 | +2.62% | +24.59% | View data |
| 5 | 5 Finland | 0.79 | 2023 | +2.51% | +25.65% | View data |
| 6 | 6 Norway | 0.64 | 2023 | +7.68% | -0.83% | View data |
| 7 | 7 Portugal | 0.33 | 2023 | +5.03% | +16.21% | View data |
| 8 | 8 Bulgaria | 0.31 | 2023 | +1.74% | +31.61% | View data |
| 9 | 9 Greece | 0.13 | 2021 | +11.93% | View data | |
| 10 | 10 Hungary | 0.1 | 2023 | -17.99% | -9.32% | View data |