The price of fresh chicken cuts in the Czech Republic has shown a fluctuating trend from 2011 to 2021. Between 2011 and 2013, prices remained relatively stable, fluctuating around the €3.60 mark. From 2014, there was a gradual upward trend, reaching €4.10 in 2018 before experiencing a slight decline in 2019 and 2020. By 2021, prices sharply increased to €4.36 per kilogram, marking a significant rise.
Year-on-year analysis for the last two years reveals substantial growth. The Compound Annual Growth Rate (CAGR) over the past five years demonstrates a strong upward trend, emphasizing continuing price increases.
Future trends to watch for include potential shifts in consumer preferences towards sustainable and organic poultry products, which may influence pricing. Economic factors such as inflation and supply chain disruptions could also impact future pricing. Monitoring these influences will be crucial for accurate market forecasts.
