From 2011 to 2021, the price per unit of Margarine and Low Fat Spreads in Italy has shown considerable fluctuation. The price started at 1.77 Euros/Kg in 2011, increasing to a peak of 2.1 Euros/Kg in 2013, followed by a significant dip in 2014 and 2015. Since 2016, the trend exhibits moderate growth, peaking again at 2.33 Euros/Kg in 2021. The latest data for 2023 indicated that the prices continued to follow an upward trend. Year-on-year variations show sporadic increases and decreases, with the period from 2020 to 2021 showing the most significant spike of approximately 8.37%. The last five years demonstrate a consistent CAGR reflecting an average annual increase of around 4.9%.
Future trends to watch include increasing consumer preference for healthier, low-fat alternatives and the potential impacts of inflation and supply chain disruptions. Advances in food technology and changing dietary guidelines could also drive further price changes, necessitating continuous monitoring of market dynamics and consumer behavior.
