The market size value per capita for frozen hams, pork shoulders, and other pork cuts in Portugal has shown fluctuations over the past decade. In 2023, it stood at 1.97 Euros per capita. Between 2022 and 2023, there was a slight decrease of 1%. From 2021 to 2023, the market slightly recovered, but it still remained below historical highs. In contrast, the compound annual growth rate for the past five years averaged a modest decline, indicating overall market contraction in recent years.
Future trends to watch for include potential impacts from changing consumer preferences towards plant-based diets, possible trade disruptions, and economic conditions affecting consumer spending. These factors could further influence market dynamics in the upcoming years.
