Between 2011 and 2015, the price per unit of frozen hams, pork shoulders, and other pork cuts in Portugal increased steadily from 3.04 to 3.66 Euros per kilogram. A notable decrease occurred in 2016 to 2.68 Euros, continuing a downward trend until 2018 at 2.6 Euros. A modest recovery started in 2019 reaching 3.05 Euros, although prices fluctuated between 2.66 and 2.86 Euros from 2020 to 2021.
As of 2023, the price stood at 2.7 Euros per kilogram with a declining trend in recent years. The compound annual growth rate over the past five years is negative, indicating a decrease in prices over this term.
Future trends to watch for include:
- Economic shifts impacting Portugal's pork industry and the Eurozone.
- Changes in consumer demand and dietary preferences affecting pork consumption.
- Potential impact of regulatory changes or trade agreements on pork import/export prices.
