The Frozen Sheep Meat Market in Austria has seen an overall positive trend from 2012 to 2022. Starting at 12.241 million Euros in 2012, the market experienced fluctuations, dipping by -19.11% in 2013, before rebounding with a notable 17.5% increase in 2014. From 2015 to 2022, the market demonstrated steady growth, with year-on-year variations ranging from 0.58% to 6.33%. The Compound Annual Growth Rate (CAGR) from 2014 to 2018 was relatively higher, reaching 7.04% in 2018, but this softened gradually to 1.8% by 2022, indicating a slowdown in growth momentum.
Future trends to watch include potential impact from fluctuating global meat prices, changing consumer preferences towards alternative proteins, and macroeconomic factors. Additionally, regulatory changes and advancements in cold chain logistics could also influence market dynamics. For a more precise analysis of 2024 and beyond, focus on these driving forces.
How does Austria rank in Frozen Sheep Meat Market Size Value?
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 244,340,000 | 2023 | +2.64% | +2.15% | View data |
| 2 | 2 France | 126,690,000 | 2023 | -1.63% | -2.98% | View data |
| 3 | 3 Austria | 16,837,000 | 2023 | +1.19% | +1.33% | |
| 4 | 4 Finland | 9,833,200 | 2023 | -13.32% | -12.66% | View data |
| 5 | 5 Lithuania | 1,007,200 | 2023 | +4.58% | +1.81% | View data |
