Between 2009 and 2019, bread prices in Spain per kilogram saw fluctuations, rising from €2.22 to a peak of €2.3 in 2011, followed by a gradual decline to €1.85 in 2019. The most significant drops occurred from 2017 onwards, marking a notable decrease in bread prices. From 2018 to 2019, the price declined by about -2.11%. The five-year Compound Annual Growth Rate (CAGR) from 2014 to 2019 shows an overall negative trend.
In 2024, bread prices are expected to be influenced by factors like inflation, wheat supply chain disruptions, and consumer demand changes. Monitoring these variables will be crucial for understanding future bread price movements.
