From 2011 to 2021, the meat price per unit in Estonia showed an overall upward trend with minor fluctuations. Prices rose from €3.07 in 2011 to €5.09 in 2021. Notable increases occurred particularly between 2016 and 2019. However, a slight decline was observed in 2020, followed by an increase in 2021, with a 7.84% rise year-on-year. The compound annual growth rate over the last five years is approximately 4.13%.
Future trends to watch for in 2024 include potential impacts from global supply chain changes, consumer demand shifts towards plant-based alternatives, and economic recovery post-COVID-19, which may influence meat prices further.
