Analyzing the Fresh Bovine Meat market in Latvia from 2013 to 2023, the per capita value has shown fluctuations with an overall upward trend from 13.77 Euros in 2013 to 14.13 Euros in 2023. The past two years (2022-2023) saw modest increments of under 1%, indicating a stable yet slow growth rate. Notably, the last five years demonstrate a compound annual growth rate (CAGR) of approximately 1.9%, reflecting moderate growth in consumer spend on fresh bovine meat.
Looking forward, potential trends in Latvia's fresh bovine market include:
- Rising health awareness possibly leading to increased demand for lean meat alternatives.
- Economic factors and inflation impacting consumer purchasing power.
- Potential shifts towards sustainable and locally sourced meat options.
How does Latvia rank in Fresh Bovine Meat Market Size Value Per Capita?
| # | 21 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 211.4 | 2023 | View data | ||
| 2 | 2 Sweden | 170.87 | 2023 | View data | ||
| 3 | 3 United Kingdom | 138.07 | 2023 | View data | ||
| 4 | 4 Italy | 132.88 | 2023 | View data | ||
| 5 | 5 France | 120.87 | 2023 | View data | ||
| 17 | 17 Slovakia | 22.05 | 2023 | View data | ||
| 18 | 18 Lithuania | 16.78 | 2023 | View data | ||
| 19 | 19 Latvia | 14.13 | 2023 | |||
| 20 | 20 Bulgaria | 7.97 | 2023 | View data | ||
| 21 | 21 Hungary | 7.71 | 2023 | View data | ||
