The price per unit of wholesale food preparations in packings exceeding 2 kg in Portugal saw fluctuations from 2011 to 2021, peaking in 2014 at 4.08 Euros/kg. The lowest point was 2019 at 3.4 Euros/kg. The year-on-year variations reflect a mix of moderate increases and sharper declines, particularly between 2014 and 2017. From 2019 to 2021, prices stabilized around 3.37 Euros/kg. The 5-year compound annual growth rate (CAGR) indicates a slight downward trend from 2016 to 2021.
Future trends to watch for include:
- Potential impacts of inflation on raw material costs
- Changes in consumer demand or dietary shifts
- Economic policies affecting import/export tariffs and supply chain management
- Technological advancements in food preservation and packaging
