The average price of Fresh Hams, Pork Shoulders, and other Pork Cuts in Italy demonstrated variability from 2011 to 2021 with a general upward trend. Prices increased from €3.14/kg in 2011 to €4.43/kg in 2021, marking significant growth over the decade, although the years 2014 and 2015 experienced a dip in prices. Notably, between 2019 and 2021, the prices significantly rose, highlighting inflationary pressures or supply constraints that may have impacted pork prices.
Year-on-year analysis between 2019 and 2021 shows consistent price increases, potentially reflecting stronger demand or reduced supply dynamics. The Compound Annual Growth Rate (CAGR) over the last five years further confirms an average annual price increase, suggesting a persistent upward trend in pork pricing in the Italian market.
Future trends to watch for include:
- Potential supply chain disruptions impacting pricing
- Changes in consumer demand post-2021
- Emerging animal health issues or trade policies affecting the import/export balance
