The Fresh Sheep Meat market in Belgium has experienced relative stability with marginal fluctuations from 2012 to 2022, ranging between 139.84 million Euros and 148.76 million Euros. Notable year-on-year variations include a peak increase of 3.41% in 2017 and a decline of 3.68% in 2016. Over the last five years, the market's Compound Annual Growth Rate (CAGR) varied, with a recent increase of 0.15% from 2018 to 2022. The market value in 2023 stands at 146.12 million Euros, reflecting a cautious but steady recovery.
Future trends to watch for include:
- Consumer preferences shifting towards organic and sustainable products.
- Potential changes in import-export regulations affecting market dynamics.
- Technological advancements in meat processing and preservation.
- Impact of global economic conditions on disposable income and meat consumption.
How does Belgium rank in Fresh Sheep Meat Market Size Value?
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 2,014,800,000 | 2023 | +1.23% | +2.13% | View data |
| 2 | 2 France | 1,551,800,000 | 2023 | -0.31% | +0.56% | View data |
| 3 | 3 Spain | 648,860,000 | 2023 | +7.07% | +9.28% | View data |
| 4 | 4 Germany | 457,720,000 | 2023 | +4.82% | +4.88% | View data |
| 5 | 5 Belgium | 147,800,000 | 2023 | +0.35% | +0.27% | |
| 6 | 6 Portugal | 35,534,000 | 2023 | +0.29% | -3.15% | View data |
| 7 | 7 Austria | 26,152,000 | 2023 | +3.2% | +3.05% | View data |
