Analyzing Croatia's fresh whole chicken prices from 2011 to 2021 reveals a fluctuating pattern. The price dropped from 3.85 Euros/kg in 2011 to a low of 3.35 Euros/kg in 2016, indicating a declining trend initially. Yet, from 2017 onwards, prices began recovering, with a notable rise to 3.74 Euros/kg in 2021, except for a dip in 2020. This recent increase suggests shifts in supply dynamics or consumer demand.
Year-on-year analysis indicates variability, with a notable 9% price increase from 2020 to 2021. The compound annual growth rate over five years stands modest, reflecting recovery yet market adjustments.
Future trends to watch:
- Impact of inflation on food prices.
- Supply chain disruptions affecting availability and pricing.
- Changing consumer preferences towards organic or locally-sourced poultry.
- Potential regulatory impacts on poultry production and imports within the EU market.
