Not really.
> E.g. in the Netherlands the prices are more competitive, and sometimes even turned.
Meat prices relative to non-meat food prices are much higher than in the US (taxation on a lot of the things that drive the additional costs of meat play a role here.) So, yes, it stands to reason that plant-based meat substitutes, using similar process that adds similar (proportional) cost to the raw materials (actual production costs and margins) would remain more competitive with real meat than it is in the US.
And with a number of EU countries (and I think there are EU-wide proposals, as well) discussing “meat taxes” as part of climate efforts, that’s quite possibly going to get more pronounced.
Soy/tofu/cardboard Patties bring the average down but the recent products that try to replicate the taste of meat are still a premium product.
Unless you mean the vegetarian chicken pieces don't taste like chicken but like cardboard, that is fair. Then again, supermarket chicken also tastes like chicken flavoured cardboard. It's not a premium product either.
E.g. in the Netherlands the prices are more competitive, and sometimes even turned. [0] The vegetarian equivalent has been cheaper there than the real meat thing, although the process for both is not very different in the EU than in the US.
[0] https://www.foodnavigator.com/Article/2022/07/26/plant-based...