News

Germans most often buy meat in discount stores

Meat
Germany
Market & Price Trends
Published Mar 14, 2024

Tridge summary

In 2023, German households purchased less meat and cold cuts, with sales dropping by 0.7% to 2.71 million tons, according to the Thünen Institute. This decrease was due to a 6.5% rise in prices. Despite the overall decline, discount stores saw an increase in sales. Meat substitute sales also fell, while organic meat and cold cuts sales remained steady. Pork sales dropped by 6.6% due to a significant price hike, but poultry meat sales rose by 2.8%.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Once again, there is a decline in purchases of meat and cold cuts Private households in Germany once again bought fewer meat and cold cuts products in stores last year. According to Working Paper 232 of the Thünen Institute based on data from the GfK household panel and Agrarmarkt Informations-GmbH (AMI), the volume of purchases in 2023 decreased by 0.7%. to 2.71 million tons compared to the previous year. However, discount stores managed to break this trend and increase sales. In the first year of the war in Ukraine and the coronavirus epidemic in 2022, sales dropped in all stores, by a total of 8.7%. Higher prices in all store categories According to the Thünen Institute, the reason for the reluctance to purchase was primarily higher prices, which increased on average by 9.5% in 2022 and by 6.5% in 2023. compared to the previous year. In 2023, private households had to pay an average of EUR 9.61 for a kilogram of meat, and EUR 11.47 for the same amount of meat products and ...
Source: Farmer.pl
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