Boxed Chocolate not Containing Alcohol Price Per Unit in Portugal

The price per unit of boxed chocolate not containing alcohol in Portugal exhibited fluctuations from 2011 to 2021. Starting at 11.95 Euros per kilogram in 2011, prices decreased in the following years, reaching a low of 10.33 in 2017. A recovery was seen afterward, with prices peaking at 12.94 Euros per kilogram in 2021. Year-on-year variations show a 4.50% increase from 2020 to 2021. The compound annual growth rate (CAGR) over the last five years was approximately 3.29%, indicating an upward price trend, primarily driven by increased production costs and consumer interest in premium chocolates.

Looking ahead to 2024 and beyond, trends to watch include the potential impact of inflationary pressures, sustainability practices influencing production costs, and varying consumer preferences for quality and ethical chocolate sourcing, which could continue to drive premiums in certain market segments. Monitoring these factors will be crucial for anticipating price movements in the boxed chocolate market.