The price per unit of Flour, Meal, and Starch Preparations in Romania showed some fluctuation from 2011 to 2021. Initially, there was a decline from €3.95 in 2011 to €3.64 in 2012, followed by a slight increase over the next few years to €3.87 by 2015. A notable drop occurred in 2016 at €3.39, but the prices generally trended upwards afterward, reaching €4.12 in 2021. Over the last two years, significant year-on-year volatility was observed, culminating in 2021. Looking at the last five years, the compound annual growth rate (CAGR) indicated an average annual price increase.
Future trends to watch include:
- Potential impacts of global supply chain challenges on raw material costs.
- Shifts in consumer demand towards gluten-free or alternative starch products.
- Inflationary pressures potentially influencing production and retail pricing.
- Technological advancements in production methods that could affect cost efficiency.
