Over the period from 2011 to 2021, the price per kilogram for grain mill products in Ireland exhibited noticeable volatility. Starting at 0.79 euros in 2011, prices peaked at 1.17 euros in 2014, followed by a decline to the 0.87-0.93 euro range by 2021. The most significant changes were from 2012 to 2013 with a 24.73% increase and from 2014 to 2015 with a 23.93% decrease. Between 2019 and 2021, prices showed stable growth, with a 3.45% increase from 2020 to 2021. The five-year Compound Annual Growth Rate (CAGR) from 2016 to 2021 was approximately 0.44%.
Future trends to watch for include potential impacts from agricultural policy changes, shifting consumer preferences towards health-focused grain alternatives, and economic factors such as inflation and supply chain disruptions, which could affect pricing dynamics in the coming years.
