From 2013 to 2023, Latvia's per capita consumption of bacon and other cured cuts displayed an overall upward trend with fluctuations. The latest data from 2023 shows a consumption level of 4.53 kilograms per capita.
Recent year-on-year changes indicate a slight positive trajectory, with a 0.44% increase from 2022 to 2023 and a 2.5% increase from 2021 to 2022. The compound annual growth rate (CAGR) over the previous five years (2018-2023) is approximately 2.33%.
Future trends to watch for include:
- Potential shifts in consumer preferences towards healthier alternatives.
- Impact of economic factors influencing meat prices and consumption patterns.
- Technological advancements in meat processing that may alter product offerings.
How does Latvia rank in Bacon and Other Cured Cuts Market Size Volume Per Capita?
| # | 18 Countries | Kilograms Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Ireland | 12.1 | 2023 | View data | ||
| 2 | 2 Lithuania | 5.5 | 2023 | View data | ||
| 3 | 3 United Kingdom | 5.43 | 2023 | View data | ||
| 4 | 4 Latvia | 4.53 | 2023 | |||
| 5 | 5 Estonia | 3.43 | 2023 | View data | ||
| 6 | 6 Romania | 2.92 | 2023 | View data | ||
