The price per kilogram of modified starch in Greece shows a general upward trend from 2011 to 2021 with fluctuations over the years. After a drop from 2011 to 2012, prices displayed gradual increases, peaking in 2021. The most significant rise occurred from 2020 to 2021, marking a 7.8% increase. The last five years witnessed a compound annual growth rate (CAGR) of approximately 1.6%, reflecting a steady upward trajectory, despite fluctuations in intervening years.
Future trends to watch for include potential impacts of global supply chain disruptions and inflationary pressures on raw materials. Additionally, increased demand for modified starch due to growth in the food and beverage industry may drive prices further upward in the coming years.
