Between 2013 and 2023, Luxembourg's meat market size per capita saw fluctuations, peaking in 2013 at 183.67 euros before gradually declining to 155.88 euros in 2023. Notably, 2021 showed a temporary rebound. The most recent annual change from 2022 to 2023 was a minor decrease of 1.2%. Over the past five years, the compound annual growth rate (CAGR) stood at approximately -1.5%, indicating a consistent annual decline in per capita value during this period.
Future trends to watch for:
● Consumer preference shifts toward plant-based alternatives.
● Sustainability concerns influencing meat production and pricing.
● Economic factors impacting consumer spending power in Luxembourg.
How does Luxembourg rank in Meat Market Size Value Per Capita?
| # | 23 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 551.54 | 2023 | View data | ||
| 2 | 2 Sweden | 356.43 | 2023 | View data | ||
| 3 | 3 Italy | 331.23 | 2023 | View data | ||
| 4 | 4 France | 309.33 | 2023 | View data | ||
| 5 | 5 Germany | 294 | 2023 | View data | ||
| 18 | 18 Slovakia | 162.21 | 2023 | View data | ||
| 19 | 19 Hungary | 158.22 | 2023 | View data | ||
| 20 | 20 Luxembourg | 155.88 | 2023 | |||
| 21 | 21 Latvia | 147.5 | 2023 | View data | ||
| 22 | 22 Romania | 145.84 | 2023 | View data | ||