The price per unit of prepared or preserved potatoes in Greece has experienced fluctuations over the past decade. From 2011 to 2018, there was a noticeable downward trend with the price dropping from 9.8 Euros/kg to 6.91 Euros/kg. This was followed by a recovery period from 2019 to 2021, where prices increased, peaking at 8.69 Euros/kg in 2020 but settling at 8.49 Euros/kg in 2021. The year-on-year variation shows a transition from a sharp decline post-2016 to stabilization and slight recovery.
Key metrics:
- The CAGR over the last 5 years indicates a stabilization trend with modest upward movement.
- Year-on-year variations from 2020 to 2021 show a 2.30% drop, indicating this stabilization phase.
In 2023, the market stood around the long-term average observed during the recovery phase post-2018. Looking towards the future, key trends to monitor include consumer behavior changes, potential economic policies affecting agricultural products, and global supply chain influences that may impact production costs and pricing.
