Veal sales during the past three years have failed to capitalize on the overall strong dollar sales growth that products have enjoyed across the meat department.
Veal sales were $54,632,531 in August, according to IRI retail sales data. That represents a -8.1% decrease from a year ago, -4.2% compared with two years ago, and -1.1% compared with three years ago, IRI data finds.
Veal’s price per pound in August was $7.72, up a mere 0.6% from a year ago, up 2.7% from two years ago, and up a modest 4% from pre-pandemic prices of three years ago.
August 2022 sales data shows 7,076,531 pounds of veal sold, down -8.6% compared with a year ago, a higher (and accelerating) rate of sales contraction than even during the previous two years with their pandemic-influenced markets. Pounds sold are down -6.6% compared with two years ago and down -5.1% compared with three years ago.
| Current Dollar Sales | $54,632,531
|
| Dollar Sales vs. YA | -8.1% |
| Dollar Sales vs. 2 YA | -4.1% |
| Dollar Sales vs. 3 YA | -1.1% |
| Lbs. Sold | 7,076,531 |
| Lbs vs. YA | -8.6% |
| Lbs vs. 2 YA | -6.6% |
| Lbs vs. 3 YA | -5.1% |
| Price per Lb. | $7.72 |
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