From 2013 to 2023, the Romanian market for Hams and Cured Pork Shoulders has shown significant fluctuations. In 2013, the market value was approximately 45.463 million euros, rising to 71.724 million euros in 2023. This growth is marked by periods of decline such as in 2014 and 2021, but the overall trend is an upward trajectory, especially from 2019 onwards. The last recorded year-on-year growth was 6.35%, and the compound annual growth rate over the last five years was 8.09%.
Future trends to watch:
- Potential impact of health trends on demand for processed meats.
- Implications of economic factors on consumer purchasing power and market stability.
- Increased focus on high-quality, locally sourced products.
How does Romania rank in Hams and Cured Pork Shoudlers Market Size Value?
| # | 19 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 4,417,400,000 | 2023 | +2.4% | +2.81% | View data |
| 2 | 2 Spain | 2,628,100,000 | 2023 | +3.15% | +2.81% | View data |
| 3 | 3 Germany | 2,595,800,000 | 2023 | -0.94% | +0.88% | View data |
| 4 | 4 United Kingdom | 559,820,000 | 2023 | -1.14% | +0.22% | View data |
| 5 | 5 Poland | 273,030,000 | 2023 | +1.5% | -0.19% | View data |
| 9 | 9 France | 164,890,000 | 2023 | +1.57% | +2.2% | View data |
| 10 | 10 Austria | 95,996,000 | 2023 | -2.39% | -0.81% | View data |
| 11 | 11 Romania | 71,724,000 | 2023 | +6.35% | +8.09% | |
| 12 | 12 Croatia | 51,085,000 | 2023 | +1.46% | +1.25% | View data |
| 13 | 13 Greece | 26,668,000 | 2023 | +0.72% | +0.37% | View data |