The cured pork cuts market in Portugal showed fluctuating trends from 2013 to 2023. It experienced significant drops in 2014, 2015, and 2016, with a subsequent recovery starting in 2017. Between 2017 and 2023, the market saw a consistent upward trajectory, reaching a value of 328.87 million Euros in 2023. The year-on-year growth over the past two years was steady, with a minor reduction observed. The five-year CAGR from 2018 to 2023 confirms moderate growth at a rate of 2.73% annually.
Future trends to watch for:
- Potential impacts of consumer preferences shifting towards healthier or alternative meat options.
- Changes in trade agreements affecting import/export dynamics.
- Technological advancements in food preservation and packaging impacting production and shelf-life.
- Market expansion into new regions or demographic groups driven by marketing or cultural influence.
How does Portugal rank in Cured Pork Cuts Market Size Value?
| # | 22 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 4,660,400,000 | 2023 | +1.75% | +1.1% | View data |
| 2 | 2 Germany | 4,077,500,000 | 2023 | -0.012% | +0.058% | View data |
| 3 | 3 United Kingdom | 3,075,600,000 | 2023 | -0.97% | -0.5% | View data |
| 4 | 4 Spain | 2,625,800,000 | 2023 | +2.56% | +0.22% | View data |
| 5 | 5 France | 2,581,200,000 | 2023 | +2.83% | +3.96% | View data |
| 8 | 8 Belgium | 400,780,000 | 2023 | +1.91% | +1.73% | View data |
| 9 | 9 Austria | 390,960,000 | 2023 | +3.09% | +3.84% | View data |
| 10 | 10 Portugal | 328,870,000 | 2023 | +3.36% | +2.73% | |
| 11 | 11 Denmark | 170,850,000 | 2023 | +2.62% | +4% | View data |
| 12 | 12 Croatia | 167,240,000 | 2023 | +2.69% | +2.48% | View data |
