The Spanish Cured Pork Cuts Market showed moderate fluctuations from 2013 to 2023, with the value per capita rising from €42.15 to €53.96 by 2023. Year-on-year growth witnessed a decline due to the 2020 dip, mainly caused by the pandemic, followed by a gradual recovery. Over the past two years, the value increased at a modest pace, reflecting stabilization. From 2019 to 2023, the Compound Annual Growth Rate (CAGR) was relatively low, signalling maturity in the market.
Future trends to watch for:
- Increased consumer demand for premium and organic cured pork products.
- Sustainability and ethical production practices influencing purchasing decisions.
- Potential impact of economic fluctuations on consumer spending power.
