The Fresh Bovine Meat Market in Spain has experienced varying trends since 2012. From 2012 to 2016, the market saw moderate fluctuations, culminating in a noticeable growth from 2016 onwards. Between 2016 and 2018, the market value increased significantly, driven by a combination of higher demand and possibly favorable market conditions.
However, a decline in 2019 and a sharp drop in 2020 can be attributed to external factors, including market disruptions and potential socio-economic impacts. The recovery began in 2021, with moderate growth continuing into 2022, indicating stabilization in the market.
For the period 2017-2022, the Compound Annual Growth Rate (CAGR) shows moderate expansion at 1.32% per year, reflecting the long-term upward trend despite short-term volatilities.
Future trends to watch for include:
- Potential impacts of economic recovery post-pandemic.
- Shifts in consumer preferences towards alternative proteins.
- Policy changes regarding livestock industries and meat consumption.
- Sustainability practices within the cattle industry.
How does Spain rank in Fresh Bovine Meat Market Size Value?
| # | 21 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Slovenia | 2,882,300,000,000 | 2023 | +7.1% | +633.14% | View data |
| 2 | 2 United Kingdom | 9,310,000,000 | 2023 | +2.19% | +2.3% | View data |
| 3 | 3 Italy | 8,284,500,000 | 2023 | +1.09% | +0.8% | View data |
| 4 | 4 France | 8,249,900,000 | 2023 | -0.54% | -0.99% | View data |
| 5 | 5 Germany | 8,191,900,000 | 2023 | +2.31% | +1.58% | View data |
| 6 | 6 Spain | 3,206,700,000 | 2023 | +1.81% | -1.04% | |
| 7 | 7 Sweden | 1,824,500,000 | 2023 | +0.1% | +0.72% | View data |
| 8 | 8 Netherlands | 1,413,000,000 | 2023 | +3.17% | +0.23% | View data |
