The price of starches and starch products in Greece showed fluctuations over the period from 2011 to 2021. Notably, prices increased from 1.2 Euros per kilogram in 2011 to a peak of 1.28 in 2013, before experiencing a decline, reaching 1.11 in 2019. Subsequently, prices saw a gradual increase, ending at 1.18 in 2021. This represents a modest upward trend in recent years, with prices recovering after a dip.

Year-on-year analysis highlights a recovery in prices from 2019 to 2021, with slight increments during these years. The compound annual growth rate (CAGR) over the last five years indicates a relatively stable pricing environment, with only minor average annual changes.

Looking ahead to 2024 and beyond:

Watch for the impact of economic conditions on supply chains affecting raw materials.
Monitor shifts in consumer demand for starch-based products, particularly those driven by dietary trends.
Potential regulatory changes in the European Union could influence production costs and pricing.