The bread price per kilogram in Portugal demonstrated a downward trend from 2012 to 2020, decreasing from €2.28 to €1.87. There was a notable price drop between 2019 and 2020, representing a 7% decline. Over the last two years included, prices declined at a slower rate. The Compound Annual Growth Rate (CAGR) from 2016 to 2020 was approximately -3.23%, indicating an overall decrease over a five-year span. In 2023, the bread price continued to exhibit stability around €1.87 per kilogram.

Future trends to watch include:

Inflationary pressures potentially pushing bread prices higher.
Possible impacts of supply chain disruptions in 2024.
Changes in consumer preferences towards healthier or alternative types of bread.
Economic policies affecting production costs and consequently, pricing.