Between 2011 and 2020, the price per unit of butter and dairy spreads in Portugal fluctuated. After a slight dip from 2011 to 2013, the price increased steadily, peaking in 2019 before a slight drop in 2020. Year-on-year variations indicate increasing prices in the latter half, with a noticeable hike from 2016 to 2019. The last five-year CAGR suggests a moderate annual increase.
In 2023, the price was likely below the 2019 peak, given the slight historical decline in 2020. Future trends to watch for include potential price increases driven by supply chain disruptions or consumer demand, alongside the shift towards plant-based alternatives and sustainable dairy production. These factors could impact pricing and demand dynamics in the market.
