The frozen pork market in Portugal reached a value of 74.878 million Euros in 2023. Over the past decade, the market experienced moderate growth until 2019, followed by a decline from 2020 to 2023. Specifically, in recent years, the market saw a decrease in value year-on-year: a slight drop of 0.14% in 2023, preceded by -2.14% in 2022 and -3.04% in 2021. The compounded annual growth rate over the last five years is -1.07%, indicating a slight contraction.
Future trends to watch for:
- Potential market recovery driven by increasing demand for convenient and long-lasting food products post-2023.
- Possible impacts of economic factors, such as inflation and consumer spending, on the frozen pork sector.
- Adoption of sustainable production practices might influence market growth and attract more environmentally conscious consumers.
How does Portugal rank in Frozen Pork Market Size Value?
| # | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 621,320,000 | 2023 | +1.34% | +1.86% | View data |
| 2 | 2 Romania | 358,170,000 | 2023 | +3.81% | +2.8% | View data |
| 3 | 3 United Kingdom | 331,640,000 | 2023 | +1.41% | +1.53% | View data |
| 4 | 4 Spain | 225,370,000 | 2023 | -3.47% | -3.85% | View data |
| 5 | 5 Bulgaria | 181,130,000 | 2023 | -0.87% | +2.76% | View data |
| 7 | 7 Croatia | 78,995,000 | 2023 | -1.59% | -0.3% | View data |
| 8 | 8 Finland | 78,345,000 | 2023 | +6.79% | +2.16% | View data |
| 9 | 9 Portugal | 74,878,000 | 2023 | -0.14% | -1.07% | |
| 10 | 10 Estonia | 36,345,000 | 2023 | +4.02% | +2.45% | View data |
| 11 | 11 Lithuania | 35,343,000 | 2023 | +0.28% | -2.29% | View data |
