Between 2010 and 2020, the price per kilogram of fresh sheep meat in Belgium rose from €11.11 to €13.01, revealing a gradual increase with some fluctuations. Notably, there was a significant hike from 2014 to 2015, and a stable period between 2016 and 2017. The compound annual growth rate (CAGR) over the 2015-2020 period showcases moderate growth amid market fluctuations.
Future trends to watch for include:
- Supply chain disruptions impacting livestock prices.
- Consumer demand shifts towards alternative proteins.
- Regulatory changes in the European meat market.
- Effects of inflation and economic factors on disposable incomes.
