The price of food-grade salt in Bulgaria has fluctuated over the past decade. From 2010 to 2013, there was a notable increase, peaking in 2013. Prices dipped slightly in 2014, but recovered by 2015, maintaining a moderate level until 2019. By 2020, prices saw an uptick again. Over the last two years, from 2018 to 2020, a year-on-year increase was observed. The compound annual growth rate (CAGR) calculated over the last five years is moderate.
Future trends to watch for include:
- Potential impact of inflation on commodity prices
- Shifts in consumer preferences towards healthier or alternative salt products
- Global supply chain disruptions possibly affecting production costs.
