The Meat and Poultry Meat Products Market in Latvia showed varying growth patterns from 2013 to 2023, reaching 276.76 million Euros in 2023. Generally, the market experienced fluctuations with notable growth in 2017 and a slight decline in 2021. Year-on-year, the market saw a modest increase of 1.33% in 2023. The compound annual growth rate (CAGR) over the last five years remained relatively low at 0.69%, highlighting a period of stabilization after prior volatility.
Future trends to watch for include:
- Potential impact of changing consumer preferences towards plant-based alternatives.
- Economic factors influencing purchasing power and demand fluctuations.
- Regulatory developments affecting production and market accessibility.
- Advancements in technology and supply chain efficiencies.
How does Latvia rank in Meat and Poultry Meat Products Market Size Value?
| # | 26 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 25,746,000,000 | 2023 | +1.08% | +1.15% | View data |
| 2 | 2 Italy | 15,113,000,000 | 2023 | +1.88% | +0.7% | View data |
| 3 | 3 France | 14,125,000,000 | 2023 | +1.47% | +2.2% | View data |
| 4 | 4 Spain | 12,165,000,000 | 2023 | +2.15% | +2.18% | View data |
| 5 | 5 United Kingdom | 10,691,000,000 | 2023 | -0.076% | +0.051% | View data |
| 22 | 22 Estonia | 442,440,000 | 2023 | +1.72% | +2.21% | View data |
| 23 | 23 Slovenia | 349,630,000 | 2023 | +1.3% | +3.03% | View data |
| 24 | 24 Latvia | 276,760,000 | 2023 | +1.33% | +0.69% | |
| 25 | 25 Denmark | 227,950,000 | 2023 | +3.11% | +4.52% | View data |
| 26 | 26 Luxembourg | 24,776,000 | 2023 | +3.12% | +2.7% | View data |
