The price per unit of milled or broken rice in Portugal experienced fluctuations from 2010 to 2018, with notable increases in 2012 and 2016, reaching a high of 1.06 euros per kilogram. In recent years, the price stabilized around 1.01 to 1.03 euros per kilogram during 2015 to 2018. The compound annual growth rate (CAGR) over the last five years was relatively flat, indicating a stable market environment for this commodity.
Future trends to watch for:
- Potential impact of climate change on rice production affecting prices.
- European Union agricultural policies influencing market dynamics.
- Global supply chain changes post-pandemic affecting imports and exports.
