The fresh pork price per unit in Portugal has experienced various changes from 2009 to 2019, with a general upward trend. Over the last decade, there have been peaks in 2013 and 2017, followed by fluctuations. The compound annual growth rate (CAGR) over the previous five years leading to 2019 is positive, thanks largely to sharp increases in 2017 and 2019. The year-on-year variations underline these fluctuations, with significant hikes in prices in specific years against more stable phases.
Looking towards 2023 and beyond, factors such as changes in consumer demand, cost of production, and macroeconomic conditions will be crucial. Analyzing these could provide insights into potential price increases or stabilizations in the future, especially as forecasts become increasingly relevant in shaping strategies in the meat industry.
