The price per unit for Meat and Poultry Meat Products in Latvia has consistently risen from €3.36 in 2010 to €4.71 in 2020. Over the last two-year period, the prices increased by 7.29% and 14.56%, indicating a notable upward trend. The compound annual growth rate (CAGR) over the past five years stands at around 4.29%, reflecting a steady increase in meat prices.

Looking towards the future, key trends to monitor include:

Inflation rates and economic conditions impacting consumer prices.
Sustainability and environmental concerns possibly influencing production processes and costs.
Changes in consumer preferences towards plant-based or alternative protein sources.
Import and export dynamics within the Baltic region affecting supply and pricing.