Over the past decade, Austria's poultry meat market has shown a general upward trend in market size value, growing from 765.13 million Euros in 2012 to 947.06 million Euros in 2022. Despite some fluctuations in year-on-year growth, with notable dips in 2017 and 2018, the overall CAGR from 2012 to 2022 is positive. Specifically, during the last five years, the CAGR has been hovering around 0.98%, indicating a steady, albeit slow, increase in market value.
The year-on-year variations for the last two years reflect modest growth, with 1.59% in 2021 and 1.08% in 2022, suggesting a stabilizing trend. As we stand in 2023, similar patterns are expected to continue, although exact data for 2023 is not yet available.
Future trends to watch for include potential impacts of economic factors such as inflation and consumer purchasing power, shifts in dietary preferences with a possible move towards meat substitutes, and regulatory changes affecting the poultry industry. Staying attuned to these factors will be critical for anticipating market movements in the coming years.
How does Austria 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 |
9 | 9 Portugal | 1,447,900,000 | 2023 | +2.88% | +3.31% | View data |
10 | 10 Belgium | 1,393,300,000 | 2023 | +1.87% | +1.51% | View data |
11 | 11 Austria | 1,020,000,000 | 2023 | +1.97% | +2.76% | |
12 | 12 Greece | 999,190,000 | 2023 | +3.24% | +2.14% | View data |
13 | 13 Hungary | 977,570,000 | 2023 | -0.64% | -0.67% | View data |
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