Meat sales grow in Germany's discount channel

Published Mar 12, 2024

Tridge summary

In 2023, German households reduced their meat and sausage purchases, especially pork, due to a significant price increase. Despite a 0.7% drop in purchasing volume to 2.71 million tonnes, discount stores like Aldi and Lidl experienced a 2.7% increase in sales. The price hike, averaging 9.5% in 2022 and 6.5% in 2023, was the main deterrent for buyers. Organic meat and substitute products had low sales, while mixed minced meat and poultry saw a rise.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

German households have restricted their purchases of meat and sausages in 2023, especially pork. One of the reasons for this was, among other things, the increase in prices. In discount stores, these were on average 12% below the level of all other channels, so sales of meat and sausages at Aldi, Lidl and company increased. However, sales of organic meat and substitute products stagnated at a relatively low level. As can be seen from the Thünen Institute document, based on data from the GfK household panel, the purchasing volume in 2023 fell by 0.7% to 2.71 million tonnes compared to the previous year. However, discount stores were able to buck the trend and increase their sales. In the first year of the Ukrainian war and with the consequences of covid-19, in 2022, sales fell in all stores by 8.7%. For the Thünen Institute, the reason for the reluctance to buy was essentially the increase in prices, which increased by an average of 9.5% in 2022 and 6.5% in 2023 compared to the ...
Source: Agromeat

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