The price per unit of bacon and other cured cuts in Bulgaria has shown significant variations from 2011 to 2021. After a decrease from 2011 to 2013, prices steadily increased from 2014 to 2021, with a notable peak in 2017. The years 2020 and 2021 continued this upward trend with the highest prices observed at 7.85 euros per kilogram in 2021. Year-on-year increases were particularly significant after 2019, with a notable Compound Annual Growth Rate (CAGR) over the last five years, reflecting a consistent rise in prices.
Future trends to watch for include the impact of inflation, changes in consumer preferences, and potential regulatory impacts on meat products. Monitoring these factors, especially in response to economic shifts and dietary trends, will be crucial in predicting price movements in 2024 and beyond.
