Between 2012 and 2022, the cured pork bellies market in Spain experienced various fluctuations in volume. The market saw a decrease from 52.124 million kg in 2012 to 46.932 million kg in 2015, before recovering significantly to 65.333 million kg by 2022. Key growth periods occurred between 2016 and 2018, with substantial year-on-year increases. In recent years, growth has stabilized with a CAGR of 2.46% over the last five years. The market showed resilience facing downward trends in early years and recovery phases thereafter, standing strong in volume terms by 2023.
Future trends to watch for include:
- Consumer preferences shifting towards higher quality or locally sourced cured meats may drive selective growth and variability across different segments.
- Global trade dynamics and domestic production costs related to feed prices and labor could impact future supply and pricing.
- Regulatory changes and sustainability initiatives in meat production influencing demand patterns.
How does Spain rank in Cured Pork Bellies Market Size Volume?
# | 16 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 France | 118,150,000 | 2023 | +0.69% | +0.76% | View data |
2 | 2 Poland | 90,516,000 | 2023 | -1.05% | -0.87% | View data |
3 | 3 Spain | 65,536,000 | 2023 | +0.99% | -0.32% | |
4 | 4 Germany | 55,382,000 | 2023 | +0.81% | +0.1% | View data |
5 | 5 United Kingdom | 28,102,000 | 2023 | +0.94% | +1.89% | View data |