From 2010 to 2020, the price per unit of milled or broken bleached rice in Portugal has generally followed an upward trend, increasing from €0.94 to €1.22 per kilogram. This upward trend is characterized by fluctuations with occasional slight decreases, such as in 2013 and 2014. The most notable increase took place between 2018 and 2020, with a year-on-year growth of about 4.7% in 2019 and nearly 5.2% in 2020. The compound annual growth rate (CAGR) from 2015 to 2020 stands at around 3.5%.
Future trends to monitor include:
- Impact of global rice supply chains on prices.
- Domestic agricultural policy changes in Portugal.
- Consumer demand patterns post-pandemic.
- Climate-related impacts on rice production and costs.
