The price of wheat or meslin flour in Croatia has demonstrated a downward trend from 2012 to 2016, with prices decreasing from 0.49 to 0.39 Euros per kilogram. This period was followed by stability and slight variability, with prices reaching 0.43 and 0.45 Euros per kilogram in 2018 and 2019 respectively, before slightly decreasing to 0.44 Euros in 2020.
The recent year-on-year variation reflects minor fluctuations, focusing on a small percent change in the last two years, showcasing relative stability. The compound annual growth rate (CAGR) over the past five years indicates minimal average variation annually, reinforcing steady market conditions.
Looking ahead, it is essential to monitor factors influencing wheat supply, such as climate change effects and geopolitical tensions, which might affect future pricing. Additionally, growth in consumer health consciousness and demand for alternative flours could impact market dynamics.
