Between 2011 and 2014, the price of wheat groats and meal in Croatia saw a consistent decline from €0.73 to €0.53 per kilogram, reflecting a nearly 27% reduction. From 2015 onwards, prices began to stabilize, fluctuating slightly but generally maintaining around €0.57 to €0.62 per kilogram until 2021. The years 2022 and 2023 are indicative of fluctuations within the same range. Over the last five years, the Compound Annual Growth Rate (CAGR) reflects a minor decline, suggesting a steadying market.
Future trends to watch for include the impact of global supply chain disruptions, potential changes in agricultural policy within the EU, and environmental factors affecting crop yields. Monitoring these elements will be crucial for stakeholders to anticipate price movements in the wheat market accurately.
