The frozen bovine meat market in Hungary exhibited fluctuations from 2013 to 2023, with a starting value in 2013 of €2.42 per capita and reaching €3.7 in 2023. The market saw significant growth during various periods, with notable declines in 2016, 2019, and 2020. From 2021 to 2023, the market value rapidly increased by significant percentages year-on-year, reflecting a robust recovery post-2020. Over the last five years, the compound annual growth rate (CAGR) indicates moderate growth, emphasizing resilience amidst market challenges.
Future trends to watch include increased demand driven by lifestyle changes, export opportunities, and potential supply chain adjustments. Monitoring consumer preferences and economic conditions will be crucial for sustained growth.
| # | 11 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 France | 34.97 | 2023 | View data | ||
| 2 | 2 Sweden | 28.37 | 2023 | View data | ||
| 3 | 3 Finland | 18.01 | 2023 | View data | ||
| 4 | 4 Denmark | 7.73 | 2023 | View data | ||
| 5 | 5 Slovenia | 6.43 | 2023 | View data | ||
| 7 | 7 Italy | 5.66 | 2023 | View data | ||
| 8 | 8 Bulgaria | 4.48 | 2023 | View data | ||
| 9 | 9 Hungary | 3.7 | 2023 | |||
| 10 | 10 Spain | 3.08 | 2023 | View data | ||
| 11 | 11 Czech Republic | 2.1 | 2023 | View data | ||
