The cured bovine meat market in Austria has experienced fluctuations from 2012 to 2022. Starting at 34.367 million euros in 2012, it rose to 43.556 million euros by 2022. The overall growth trend was inconsistent, with a notable peak in 2013, a decline in 2014, and subsequent fluctuations up to 2022. The average year-on-year growth was positive, albeit modest, with a compound annual growth rate (CAGR) of 1.95% over the last five years till 2022. Specific trends to highlight include a significant uplift in 2019 and a resilient increase through 2021 and 2022.
Future trends to watch for in 2024 include:
- Potential impacts of economic conditions and consumer preferences on market demand.
- The influence of health trends and sustainability on consumption patterns.
- The possible effects of changes in trade policies and meat industry regulations on supply and pricing.
How does Austria rank in Cured Bovine Meat Market Size Value?
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 779,750,000 | 2023 | -0.84% | -0.95% | View data |
| 2 | 2 France | 139,670,000 | 2023 | +3.82% | +3.44% | View data |
| 3 | 3 Austria | 48,754,000 | 2023 | +3.07% | +4.6% | |
| 4 | 4 Sweden | 15,301,000 | 2023 | -3.33% | -2.05% | View data |
| 5 | 5 Bulgaria | 5,026,600 | 2023 | +0.75% | +1.71% | View data |
