The price per unit of fresh bovine meat in Portugal has shown a general upward trend from 2010 to 2020, starting at €6.31 per kilogram in 2010 and reaching €7.14 in 2020. Notable increases occurred in 2012 and 2017, while a decline was observed in 2020. Year-on-year variations indicate a 4.2% drop in 2020 after a peak in 2018, followed by a negative CAGR over the last five years at -0.56%, implying a slight decrease on average annually since 2015. In 2023, the price stood at €7.25.

Future trends to watch for:

Increased consumer demand for premium cuts and organic beef could drive prices upward.
Economic factors, such as inflation and changes in disposable income, might impact purchasing power.
Trade agreements and tariffs could affect beef imports and domestic pricing dynamics.