From 2011 to 2021, the beer price per unit in Portugal fluctuated, peaking at €1.46 in 2015 and hitting a low of €1.24 in 2019. Recent years showed improvement, with prices increasing to €1.34 in 2021. The year-on-year variation for the last two years indicates steady recovery, marking a 4% rise from 2019 to 2021. The five-year compounded annual growth rate (CAGR) suggests an average annual decline, impacted by sharp drops in previous years. In 2023, the beer price per unit stabilized around these levels.
Future trends to watch for include potential influences of global economic conditions on pricing, shifts in consumer preferences towards premium or locally produced beers which might raise prices, and governmental policy changes affecting taxation and production costs.
