The price of fresh bovine meat in the Netherlands has shown fluctuations over the past decade, with a low of €2.92/kg in 2013 and a peak of €3.58/kg in 2021. Over the past two years, the price increased by approximately 1.15% annually. The five-year compound annual growth rate from 2016 to 2021 was around 1.11%. In 2023, the price continued to stabilize above the €3.50 mark.
Future Trends to Watch:
- Potential impact of EU agricultural policy changes on meat prices.
- Consumer shift towards sustainable and plant-based alternatives.
- Volatility in global commodity markets affecting input costs.
- Economic recovery post-pandemic and how it influences meat consumption patterns.