The price per kilogram of non-wheat cereal flours in Portugal has generally fluctuated over the years. Starting at €0.47 in 2009, the price increased steadily until 2012 before declining until 2018, with a slight recovery in 2019. The year-on-year percentage variations show a somewhat volatile pattern, indicating market sensitivities to supply and demand factors. In the past two years preceding 2023, prices recovered, with approximately stable or minor increases. Additionally, the compound annual growth rate (CAGR) over the last five years demonstrates a slight negative trend, reflecting the fluctuating yet overall decreasing price trajectory over this period.
Looking ahead, future trends to watch for include potential shifts in consumer preferences towards gluten-free or alternative flours, supply chain disruptions, and changes in agricultural policies or environmental factors that may influence production costs and availability, which could impact pricing strategies and market positioning in 2024 and beyond.
