The price per unit of starches and starch products in Portugal saw a decreasing trend from 2011 to 2014, dropping from €1.09 to €0.92 per kilogram. From 2015 onward, prices began to rise steadily, reaching €1.35 per kilogram by 2021. This upward trend represents a significant turnaround from the earlier years, with notable year-on-year increases, particularly from 2019 to 2021. The compound annual growth rate (CAGR) from 2016 to 2021 highlighted a positive average annual increase in prices.
Future trends to watch for include potential fluctuations in global commodity prices, changes in consumer demand for starch products, and the impact of economic conditions in Portugal and the broader European market. Sustainability concerns and shifts towards alternative products could also influence pricing dynamics going forward.
