From 2013 to 2023, Estonia's meat market demonstrated fluctuating trends, reaching a value of 123.71 million euros in 2023. The period witnessed significant volatility, particularly evident in a 15.03% reduction in 2020, followed by a recovery with a 20.66% increase in 2022. The five-year compound annual growth rate (CAGR) settled at 1.65%, highlighting moderate growth stability.
Future trends to watch include:
- Potential impacts of changes in consumer preferences towards plant-based diets.
- Evolving regulatory environments affecting meat production and consumption.
- Potential market dynamics driven by sustainability and health consciousness challenges.
How does Estonia rank in Meat Market Size Value?
| # | 23 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 26,271,000,000 | 2023 | +1.62% | +1.76% | View data |
| 2 | 2 France | 20,556,000,000 | 2023 | -0.43% | +0.36% | View data |
| 3 | 3 Italy | 19,843,000,000 | 2023 | +0.48% | +0.26% | View data |
| 4 | 4 United Kingdom | 17,318,000,000 | 2023 | +2.04% | +2.43% | View data |
| 5 | 5 Spain | 13,262,000,000 | 2023 | +1.18% | +2.68% | View data |
| 20 | 20 Slovenia | 396,240,000 | 2023 | -0.11% | +0.43% | View data |
| 21 | 21 Latvia | 262,410,000 | 2023 | +0.64% | +1.78% | View data |
| 22 | 22 Estonia | 123,710,000 | 2023 | +5.06% | +1.65% | |
| 23 | 23 Luxembourg | 104,590,000 | 2023 | +0.86% | +0.6% | View data |
