The Bacon and Other Cured Cuts market in Portugal has experienced a steady decline in volume from 2013 to 2023, with the last recorded value standing at 5.6167 million kilograms in 2023. The market faced a consistent year-on-year decrease in the recent years, with notable declines in 2022 by 9.45% and 2023 by 4.83%. Over the last five years, the compound annual growth rate (CAGR) has seen a reduction of 3.9%, indicating a prolonged downward trend.
Future trends to watch for include changing consumer preferences towards healthier diets, potential economic fluctuations, and evolving import-export dynamics in the meat industry. Monitoring these factors is crucial to understanding their impacts on market recovery or further decline.
How does Portugal rank in Bacon and Other Cured Cuts Market Size Volume?
# | 18 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 United Kingdom | 373,410,000 | 2023 | -3.07% | -2% | View data |
2 | 2 Germany | 124,680,000 | 2023 | +0.016% | -0.014% | View data |
3 | 3 France | 92,383,000 | 2023 | +1.11% | +0.57% | View data |
4 | 4 Ireland | 69,290,000 | 2023 | +3.68% | +2.71% | View data |
5 | 5 Romania | 56,100,000 | 2023 | +1.37% | +0.6% | View data |
14 | 14 Latvia | 9,303,100 | 2023 | +1.53% | +4.11% | View data |
15 | 15 Finland | 5,886,000 | 2023 | -3.88% | -2.46% | View data |
16 | 16 Portugal | 5,616,700 | 2023 | -4.83% | -3.9% | |
17 | 17 Estonia | 4,619,500 | 2023 | +1.22% | +3.7% | View data |
18 | 18 Bulgaria | 4,278,700 | 2023 | +4.73% | +2.57% | View data |