The market size value per capita for hams and cured pork shoulders in Luxembourg has experienced a declining trend from 2013 to 2023, going from a high of €3.82 to €3.03. Over the last two years, the market contracted further, showing a year-on-year decrease of 1.3% from 2022 to 2023. Analyzing data from the previous five years reveals a compounded annual growth rate (CAGR) of -3.57%, indicating a persistent downward trajectory.
Future trends to watch for include potential innovations in cured meat alternatives, shifting consumer preferences towards healthier options, and the impact of sustainability practices within the meat processing industry. Such factors could influence market dynamics and potentially stem the declining trend.
How does Luxembourg rank in Hams and Cured Pork Shoudlers Market Size Value Per Capita?
| # | 19 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 71.25 | 2023 | View data | ||
| 2 | 2 Spain | 58.02 | 2023 | View data | ||
| 3 | 3 Germany | 31.45 | 2023 | View data | ||
| 4 | 4 Sweden | 21.33 | 2023 | View data | ||
| 5 | 5 Portugal | 19.8 | 2023 | View data | ||
| 14 | 14 Finland | 3.96 | 2023 | View data | ||
| 15 | 15 Romania | 3.79 | 2023 | View data | ||
| 16 | 16 Luxembourg | 3.03 | 2023 | |||
| 17 | 17 Belgium | 2.67 | 2023 | View data | ||
| 18 | 18 Greece | 2.44 | 2023 | View data | ||
