The market size volume per capita for hams and cured pork shoulders in Latvia showed a decline from 2.72 kg in 2013 to 2.28 kg in 2023. This represents a year-on-year decrease in various years, including a noticeable drop between 2013 and 2015, before stabilizing somewhat, albeit still on a downward trend after 2016. Specifically, from 2022 to 2023, the volume declined by approximately 0.87%. The compound annual growth rate (CAGR) over the last five years (2019-2023) indicates a slight decrease, showing a continued preference against hams and cured pork shoulders over time.
Future trends to watch for include potential shifts in consumer preferences towards healthier or alternative protein sources, changes in dietary habits in response to health trends, environmental concerns, and any impact of economic factors on spending power in Latvia. Monitoring these variables will be crucial for predicting the market's trajectory.
How does Latvia rank in Hams and Cured Pork Shoudlers Market Size Volume Per Capita?
| # | 18 Countries | Kilograms Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 8.15 | 2023 | View data | ||
| 2 | 2 Germany | 5.84 | 2023 | View data | ||
| 3 | 3 Spain | 4.26 | 2023 | View data | ||
| 4 | 4 Netherlands | 2.38 | 2023 | View data | ||
| 5 | 5 Latvia | 2.28 | 2023 | |||
| 6 | 6 Sweden | 2.13 | 2023 | View data | ||
| 7 | 7 Portugal | 1.94 | 2023 | View data | ||
