The Fresh Bovine Meat market in Latvia displayed notable fluctuations over the past decade, peaking in 2014 with the market size reaching 28.952 million euros. By 2023, the market size slightly decreased to 25.641 million euros. The market contracted notably in 2017 but saw recovery in subsequent years, though the last two years experienced minor declines. The average annual growth rate over the past five years was an encouraging 1.05%.
Future trends to watch for include:
- Economic and supply chain stability impacting market recovery and growth.
- Potential shifts towards sustainable and local meat production.
- Consumer preferences in dietary patterns altering market dynamics.
How does Latvia rank in Fresh Bovine Meat Market Size Value?
| # | 21 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Slovenia | 2,882,300,000,000 | 2023 | +7.1% | +633.14% | View data |
| 2 | 2 United Kingdom | 9,310,000,000 | 2023 | +2.19% | +2.3% | View data |
| 3 | 3 Italy | 8,284,500,000 | 2023 | +1.09% | +0.8% | View data |
| 4 | 4 France | 8,249,900,000 | 2023 | -0.54% | -0.99% | View data |
| 5 | 5 Germany | 8,191,900,000 | 2023 | +2.31% | +1.58% | View data |
| 19 | 19 Bulgaria | 55,456,000 | 2023 | +2.1% | +2.22% | View data |
| 20 | 20 Lithuania | 42,317,000 | 2023 | -0.42% | -2.17% | View data |
| 21 | 21 Latvia | 25,641,000 | 2023 | -1.32% | +1.05% | |
