From 2011 to 2021, the price per unit of bacon and other cured cuts in Romania showed an overall upward trend. The price increased from €4.33 in 2011 to €5.3 in 2021, with notable fluctuations and a peak in 2020 at €5.46. The last two years showed a relatively minor decline with a year-on-year variation of -2.93% in 2021. From 2016 to 2021, the compound annual growth rate (CAGR) was approximately 3.49%, indicating steady growth in prices over these years.
Future trends to watch include the impact of economic factors such as inflation and supply chain disruptions on prices, as well as potential shifts in consumer preferences towards healthier or alternative products, which could affect demand and pricing dynamics in the Romanian cured cuts market.
