From 2009 to 2019, the price per kilogram of hams and cured pork shoulders in Germany initially decreased, reaching a low in 2011. Prices fluctuated with slight increases and decreases until a significant jump occurred in 2019, marking a high point over this period. The prices in 2023 surpassed 2019 levels, indicating continued upward momentum.
The compound annual growth rate (CAGR) over the last five years suggests a stable increment in prices, mostly driven by market dynamics and demand fluctuations.
Future trends to watch for include:
- Impact of global pork supply on Germany's domestic market.
- Regulations and consumer preferences for sustainable and organic products influencing prices.
- Economic factors, such as inflation and trade agreements, affecting pork pricing.