Between 2011 and 2021, the price per kilogram of frozen vegetables in France fluctuated, exhibiting an overall upward trend. Starting from 1.43 Euros in 2011, it peaked at 1.62 Euros in 2017, with observed variability such as a dip in 2015 (1.44 Euros) and slight correction in 2021 (1.53 Euros). Over the last two years, the annual changes have been subtle, around the median of past fluctuations. The compound annual growth rate (CAGR) over the past five years stands at a small increase, indicating a modest upward trend in pricing.
Future trends to watch for:
- Potential influence of economic factors on purchasing power and consumer behavior.
- The impact of climate change on agriculture and subsequent price pressures.
- Evolving consumer preferences towards organic and locally-sourced frozen vegetables.
- Technological advancements in packaging and supply chain efficiencies.
