The price per unit of fresh hams, pork shoulders, and other pork cuts in the UK experienced significant fluctuations from 2009 to 2018. The pricing trend saw an initial rise from 2009 to 2012, followed by relative stability and slight declines. Peaks were observed in 2014 and 2017, with the lowest prices noted in 2016 and 2018.
Over the last two years leading up to 2018, prices exhibited a negative growth, indicating a downtrending market. The compound annual growth rate (CAGR) from 2013 to 2018 was negative, further suggesting overall declining prices in recent years.
Future trends to watch include potential market shifts due to economic factors, changes in consumer preference towards alternative proteins, and impacts from trade policies. Monitoring how these factors might influence pork prices will be crucial for future market predictions.
