From 2011 to 2019, the price per unit of cured pork cuts in Finland exhibited a general upward trajectory with minor fluctuations. The price grew from 7.6 euros in 2011 to 8.78 euros in 2019, reflecting a steady increase, predominantly noticed between 2015 and 2019.
The compound annual growth rate (CAGR) over the last five years was approximately 2%. Year-on-year variations indicate a consistent price increase of cured pork cuts, particularly notable between 2018 and 2019 with an increase of around 1.6%.
As we advance into 2024, factors influencing future trends might include:
- Potential shifts in consumer meat consumption patterns.
- Supply chain dynamics amidst global economic changes.
- Regulatory impacts concerning food safety and sustainability in the pork industry.