The Czech Republic's frozen whole chickens market has exhibited a consistent decline from 2013, with the value of the market in 2023 at 13.354 million euros, a significant decrease from 27.822 million euros in 2013. Over the past decade, the market has shown fluctuations, with brief periods of slight recovery, such as in 2021 with a 7.42% increase, followed by declines in subsequent years. The compound annual growth rate (CAGR) over the last five years reflects an average annual reduction of 4.84%, underscoring a downtrend in market value.
Future trends to watch for in the frozen whole chicken market include:
- Potential shifts in consumer preferences towards fresher or alternative protein sources, influencing demand for frozen products.
- Economic factors and inflation impacting consumer purchasing power and spending habits.
- Intensified focus on health, nutrition, and sustainable consumption patterns shaping market dynamics.
- Developments in distribution channels, such as online grocery platforms, which may affect market reach and sales.
- Regulatory changes and trade policies that could alter supply chains and pricing in the meat industry.
How does the Czech Republic rank in Frozen Whole Chickens Market Size Value?
# | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 United Kingdom | 68,566,000 | 2023 | +1.13% | +0.24% | View data |
2 | 2 Romania | 56,541,000 | 2023 | -0.69% | -4.35% | View data |
3 | 3 Sweden | 23,039,000 | 2023 | +1.22% | +1.46% | View data |
4 | 4 Greece | 20,886,000 | 2023 | -0.54% | -2% | View data |
5 | 5 Czech Republic | 13,354,000 | 2023 | -9.59% | -4.84% |