The price of wheat bran in Bulgaria showed a gradual increase from 2010, starting at 0.12 Euros per kilogram and reaching 0.20 Euros in 2019. The price peaked at 0.20 Euros during this period but fluctuated around 0.18 Euros from 2014 to 2020, displaying stability overall. In 2023, the price remained at approximately 0.18 Euros, indicating a static trend from 2020.
Year-on-year percentage variations between 2022 and 2023 were minimal, maintaining the steadiness observed in recent years. The compound annual growth rate (CAGR) over the last five years was nearly flat, signifying stability in the wheat bran market.
Future trends to watch for in the wheat bran market include:
- Potential impacts of climate change on wheat production, which could influence supply and price.
- Changes in consumer demand for bran-based products as health trends evolve.
- Policy changes in agriculture and trade that might affect import and export dynamics.
- Technological advancements in agricultural practices, possibly altering production costs and supply chains.
