From 2011 to 2019, wheat or meslin flour prices in Bulgaria showed fluctuations, dropping from €0.44/kg in 2011 to €0.38/kg in 2019, with some variability in between. Notably, prices increased from €0.38/kg in 2017 to €0.40/kg in 2018 but returned to €0.38/kg in 2019. The compound annual growth rate (CAGR) over the last five years up to 2019 was stagnant, reflecting minor fluctuations around €0.38/kg to €0.40/kg.
Looking ahead, keep an eye on:
- Weather events impacting wheat yields globally.
- Supply chain or geopolitical disruptions affecting grain supply.
- Changes in consumer demand from evolving dietary trends.
