The Meat and Poultry Meat Products Market in Latvia decreased over the past decade, with a slight decline in volume to 57.382 million kilograms in 2023. Over recent years, 2022 and 2023 saw year-on-year declines of slightly over 1%. The Compound Annual Growth Rate (CAGR) over the past five years has been negative at -1.82%, reflecting a general downward trend since 2018.
Future trends to watch for include potential impacts of dietary habits shifting towards plant-based alternatives, regulatory changes, and economic factors that could further influence demand. Monitoring these elements will be crucial to understanding future market dynamics.
Key variations to note:
- 2013-2017: Fluctuation with a significant uptick in 2017
- 2018-2023: Consistent downward trend, with small annual declines
| # | 22 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 3,918,400,000 | 2023 | -0.019% | -0.091% | View data |
| 2 | 2 Italy | 2,547,300,000 | 2023 | +2.27% | +2.34% | View data |
| 3 | 3 France | 1,912,400,000 | 2023 | +1.04% | +1.73% | View data |
| 4 | 4 Poland | 1,768,300,000 | 2023 | +1.98% | +2.18% | View data |
| 5 | 5 Spain | 1,759,200,000 | 2023 | +1.05% | +0.25% | View data |
| 19 | 19 Croatia | 104,220,000 | 2023 | +1.4% | +0.84% | View data |
| 20 | 20 Denmark | 79,361,000 | 2023 | +1.07% | +1.46% | View data |
| 21 | 21 Latvia | 57,382,000 | 2023 | -1.04% | -1.82% | |
| 22 | 22 Slovenia | 26,489,000 | 2023 | -2.24% | -1.24% | View data |
