Between 2010 and 2020, the price per kilogram of fruit spreads in Belgium fluctuated. Starting at €2.78 in 2010, it increased, peaking at €3.19 in 2018, before declining to €2.83 in 2020. Year-on-year changes show variability, with notable declines in 2019. The compound annual growth rate (CAGR) for 2016-2020 was negative, indicating an overall reduction in average yearly price. By 2023, prices are expected to stabilize around €2.85, suggesting a balancing market.
Future trends to watch for:
- Impact of inflationary pressures on consumer goods prices.
- Shifts in consumer preferences towards healthier or organic options.
- Potential supply chain disruptions affecting pricing dynamics.
