Between 2009 and 2019, the price per unit of fresh sheep meat in the UK, expressed in Euros per kilogram, increased steadily with some fluctuations. From 2009's 8.06 Euro/kg, the price peaked at 11.02 Euro/kg in 2014. This was followed by a decline until 2017 before rising again to 10.28 Euro/kg in 2019. A year-on-year analysis indicates a noteworthy volatility, with significant variations such as in 2013 and 2014. The compound annual growth rate (CAGR) over the last five years prior to 2019 shows a modest increase.
Future trends to watch for include:
- Impact of changing consumer preferences towards sustainable and ethical meat sources.
- Exchange rate fluctuations affecting export and import prices post-Brexit.
- Potential supply chain disruptions influencing meat availability and pricing.