The Cured Pork Bellies market in Portugal reached 11.979 million kilograms in 2023, reflecting a steady increase with a year-on-year growth rate of 1.60%. This growth follows a consistent upward trajectory with notable gains in earlier years, and over the past five years, the compound annual growth rate (CAGR) averaged at 0.086%, indicating modest expansion. The market observed significant fluctuations with highs in 2015 and 2018 followed by corrections yet maintained a generally positive trend over the decade.
Future trends to watch for:
- Sustainable and organic food trends could influence consumer preferences, potentially impacting the cured pork belly market.
- Potential market growth through innovation in product offerings and marketing strategies.
- The impact of economic conditions and consumer purchasing power, particularly post-pandemic recovery.
How does Portugal rank in Cured Pork Bellies Market Size Volume?
| # | 16 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 118,150,000 | 2023 | +0.69% | +0.76% | View data |
| 2 | 2 Poland | 90,516,000 | 2023 | -1.05% | -0.87% | View data |
| 3 | 3 Spain | 65,536,000 | 2023 | +0.99% | -0.32% | View data |
| 4 | 4 Germany | 55,382,000 | 2023 | +0.81% | +0.1% | View data |
| 5 | 5 United Kingdom | 28,102,000 | 2023 | +0.94% | +1.89% | View data |
| 6 | 6 Belgium | 14,442,000 | 2023 | +1.74% | +1.98% | View data |
| 7 | 7 Romania | 12,681,000 | 2023 | +3.5% | +0.47% | View data |
| 8 | 8 Portugal | 11,979,000 | 2023 | +1.6% | +0.086% | |
| 9 | 9 Sweden | 10,631,000 | 2023 | -0.69% | -1.61% | View data |
| 10 | 10 Greece | 10,068,000 | 2023 | -0.41% | -0.89% | View data |