The Hams and Cured Pork Shoulders market in the UK has experienced a declining trend from 2012 to 2022, with a peak in 2012 at 702.83 million Euros gradually decreasing to 566.3 million Euros in 2022. This decline is highlighted by several year-on-year decreases, with the most notable drop in 2018 at -12.27%. Despite brief recoveries in 2017 and 2019, the market has struggled, resulting in negative compound annual growth rates (CAGR) over multiple periods, notably -3.61% from 2014 to 2018 and -2.14% from 2018 to 2022.
Future trends to watch for include:
- Impact of alternative protein sources on market demand.
- Possible recovery influenced by shifts in consumer preferences towards traditional cured meats.
- Effects of regulatory changes and import tariffs post-Brexit.
- Emerging sustainable practices in pork production potentially affecting market dynamics.
How does the United Kingdom rank in Hams and Cured Pork Shoudlers Market Size Value?
| # | 19 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 4,417,400,000 | 2023 | +2.4% | +2.81% | View data |
| 2 | 2 Spain | 2,628,100,000 | 2023 | +3.15% | +2.81% | View data |
| 3 | 3 Germany | 2,595,800,000 | 2023 | -0.94% | +0.88% | View data |
| 4 | 4 United Kingdom | 559,820,000 | 2023 | -1.14% | +0.22% | |
| 5 | 5 Poland | 273,030,000 | 2023 | +1.5% | -0.19% | View data |
| 6 | 6 Netherlands | 245,060,000 | 2023 | +2.98% | +3.22% | View data |
