The price per kilogram of flours, meals, and pellets of meat in Spain from 2010 to 2020 fluctuated between €0.31 and €0.40. The largest annual variations were seen in 2011 with a 17.6% increase and in 2012 with a 20% decrease. Over the last two years (2019-2020), prices rose by 6.3%. The five-year compound annual growth rate (CAGR) from 2015 to 2020 was marginally positive, indicating a gentle upward trend over this period.
Future trends to watch for in the Spanish market for flours, meals, and pellets of meat include:
- Potential impacts from environmental and health regulations.
- Industry consolidation or changes in the competitive landscape.
- Shifts in consumer dietary preferences affecting demand.
- Fluctuations in raw material costs or supply chain dynamics.