The Latvian poultry meat market stood at a value of 36.43 million Euros in 2023, reflecting a year-on-year growth of 0.76%. Over the last decade, the market experienced fluctuations; a decline in the early 2010s was followed by recovery post-2018, with a positive CAGR of 1.39% over the last five years. Despite some years of negative growth, the overall market trend indicates stability and resilience, reaching levels comparable to 2013.
Future trends to watch for include:
- Impact of changing consumer preferences towards healthier and sustainable meat options.
- Potential effects of trade agreements and tariffs on market dynamics.
- Technological advancements in poultry farming and processing.
- Macroeconomic factors, including inflation, which might influence meat prices and consumption patterns.
How does Latvia rank in Poultry Meat Market Size Value?
| # | 23 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 10,087,000,000 | 2023 | +1.87% | +0.9% | View data |
| 2 | 2 France | 9,561,600,000 | 2023 | +2.38% | +2.68% | View data |
| 3 | 3 Germany | 6,275,800,000 | 2023 | +0.15% | -0.54% | View data |
| 4 | 4 Spain | 4,820,600,000 | 2023 | -1.35% | -1.67% | View data |
| 5 | 5 Italy | 4,686,100,000 | 2023 | +1.27% | +3.38% | View data |
| 21 | 21 Lithuania | 222,450,000 | 2023 | +3.18% | +1.95% | View data |
| 22 | 22 Estonia | 78,052,000 | 2023 | +4.44% | +4.38% | View data |
| 23 | 23 Latvia | 36,430,000 | 2023 | +0.76% | +1.39% | |
