The price per unit of vinegar in Spain, expressed in Euros per liter, rose from 0.86 in 2011 to its peak at 1.08 in 2012, then fluctuated slightly, settling at 0.95 in 2021. Year-on-year variations show significant changes: a 25.6% increase from 2011 to 2012, followed by a 3.7% decrease from 2012 to 2013. Over the last two years, the price per unit saw an average annual increase of 2.63%. The Compound Annual Growth Rate (CAGR) over the last five years (2017-2021) shows a small decline of 0.2% yearly. In 2023, the series stands at 1.00.
Future trends to watch for include potential impacts of global inflation on consumer goods, shifts in consumer preferences towards organic varieties, and potential regulatory changes impacting production costs. Monitoring these dynamics will be crucial for accurate forecasting and strategy development.
