Over the past decade, the fresh bovine meat market in Portugal experienced fluctuations with a peak in volume at 137.29 million kilograms in 2023. Notably, market shifts were observed between 2013 and 2023, comprising growths and declines linked to market dynamics. Specifically, after a moderate rise of 2.21% in 2023, a significant rebound of 19.14% occurred in 2022, recovering from a previous drop of -10.85% in 2021. The compound annual growth rate over the last five years of data, up to 2023, stood at 0.79%.
Future trends to watch for:
- Potential impact of changing consumer preferences for sustainable and alternative protein sources.
- Influence of economic factors such as inflation and purchasing power on meat consumption habits.
- Emerging trade agreements and regulations affecting meat import and export dynamics.
How does Portugal rank in Fresh Bovine Meat Market Size Volume?
| # | 20 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,732,700,000 | 2023 | +3.4% | +1.47% | View data |
| 2 | 2 Italy | 1,294,600,000 | 2023 | +0.26% | +1.39% | View data |
| 3 | 3 United Kingdom | 1,036,800,000 | 2023 | +1.76% | +2.39% | View data |
| 4 | 4 France | 730,100,000 | 2023 | -3.27% | -2.76% | View data |
| 5 | 5 Spain | 721,110,000 | 2023 | +0.85% | +0.61% | View data |
| 8 | 8 Sweden | 191,000,000 | 2023 | -2.08% | -1.24% | View data |
| 9 | 9 Denmark | 146,780,000 | 2023 | -4.9% | -5.27% | View data |
| 10 | 10 Portugal | 137,290,000 | 2023 | +2.21% | +0.79% | |
| 11 | 11 Greece | 117,620,000 | 2023 | +0.13% | +0.092% | View data |
| 12 | 12 Finland | 85,886,000 | 2023 | +2.38% | +3.05% | View data |
