Between 2013 and 2023, the Meat Market Size Value Per Capita in Latvia exhibited a fluctuating yet overall upward trend. Starting from 107.25 Euros in 2013, the value dipped to a low of 97.45 Euros in 2015, before progressively increasing to 147.5 Euros in 2023. Notably, from 2021 to 2023, the market saw a year-on-year growth of approximately 2.9% (2021-2022) and 2.8% (2022-2023). The compound annual growth rate (CAGR) over the past five years was approximately 4.07%, indicating robust market growth.
Looking forward, significant factors may influence future trends:
- Shifts in consumer preferences towards alternative proteins.
- Impact of economic conditions on purchasing power.
- Changes in livestock production efficiency and trade policies may also affect market dynamics.
How does Latvia rank in Meat Market Size Value Per Capita?
| # | 23 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 551.54 | 2023 | View data | ||
| 2 | 2 Sweden | 356.43 | 2023 | View data | ||
| 3 | 3 Italy | 331.23 | 2023 | View data | ||
| 4 | 4 France | 309.33 | 2023 | View data | ||
| 5 | 5 Germany | 294 | 2023 | View data | ||
| 19 | 19 Hungary | 158.22 | 2023 | View data | ||
| 20 | 20 Luxembourg | 155.88 | 2023 | View data | ||
| 21 | 21 Latvia | 147.5 | 2023 | |||
| 22 | 22 Romania | 145.84 | 2023 | View data | ||
| 23 | 23 Estonia | 93.34 | 2023 | View data | ||
