From 2011 to 2021, the confectionery price per kilogram in Portugal exhibited moderate volatility. Initially, it decreased from 4.95 Euros in 2011 to 4.4 Euros in 2012. From 2013 onwards, it showed a consistent upward trend reaching 4.99 Euros in 2019. The price per unit declined slightly in 2020 to 4.88 Euros, likely due to pandemic effects, before recovering to 4.93 Euros in 2021.
In analyzing the recent years, the year-on-year variation was relatively stable. Over the past five years, the compound annual growth rate (CAGR) highlights a steady increase.
Future trends to watch include the impact of sustainability initiatives, ingredient cost fluctuations, and consumer demand changes on confectionery pricing dynamics in Portugal as 2024 unfold.