The price of wheat groats and meal in Bulgaria initially saw a steady decline from 2011 to 2015, hitting a low of 0.39 Euros/kg, where it stabilized until 2017. From 2018, a slight upward trend began, with prices increasing to 0.45 Euros/kg by 2020. The year-on-year variation shows a price reduction until 2015, followed by stabilization, and a gradual resurgence post-2018, with an average compound annual growth rate (CAGR) of approximately 2% over the past five years.
Looking ahead, potential factors influencing future price trends include fluctuations in global wheat supply, changes in agricultural policies, technological advancements in farming, and climate change impacts. Close monitoring of these elements will be crucial for anticipating future pricing dynamics.
