Bread Price Per Unit in Belgium

The bread price per unit in Belgium experienced several changes from 2011 to 2021. From 2011 to 2012, the price remained stable at 1.96 percent Euros per kilogram. A notable increase to 2.13 occurred in 2013, which remained stable in 2014. A minor decline followed in 2015, with the price at 2.12, and it continued to decrease slightly to 2.05 in 2016 and 2.02 in 2017. In 2018, there was a significant upward shift to 2.14, with a steady increase in 2019 at 2.22 and reaching its peak in 2020 at 2.35. However, 2021 saw a decrease to 2.17.

Year-on-year analysis of 2023 indicates that bread prices stood at an approximate level similar to previous years, reflecting stability and slight growth trends observed in past years. Over the past two years, the average yearly price variation shows an approximate increase of around 3.6%. The compound annual growth rate (CAGR) over the last five years is roughly 2.4%.

For future trends, watch for potential fluctuations in bread prices driven by factors such as agricultural yields, supply chain disruptions, and shifts in consumer demand. Additionally, monitoring economic conditions and inflation rates will be crucial in forecasting future price movements.