From 2011 to 2021, Cured Pork Bellies prices in Finland exhibited substantial fluctuation, with prices peaking in 2014 and experiencing a notable decline thereafter. Between 2020 and 2021, a decrease of around 8% was recorded. Over the last two years leading up to 2021, prices showed a downturn, averaging negative annual change rates. The five-year CAGR also suggests a declining trend in prices.
Looking ahead to 2024, monitor these potential influences:
- Supply chain disruptions impacting production costs.
- Changes in consumer preferences towards alternative protein sources.
- Economic factors affecting purchasing power and demand.
