Analysis of the prepared nuts and groundnuts market in Greece reveals fluctuating prices per kilogram over the years. From 2010 to 2020, prices show significant volatility, with a notable decline in 2013, followed by a sharp increase in 2014 and continued steady growth till 2020. Despite the variations, an upward trend from 2015 is evident until 2020, where prices reached their peak. However, the average price per unit in 2020 is likely indicative of the general price levels approaching 2023.
Year-on-year variations indicate price stabilization in recent years, with moderate fluctuations. The last two years experienced volatility due to global supply chain issues and inflationary pressures. The Compound Annual Growth Rate (CAGR) over the past five years projects a modest upward trend, supporting the hypothesis of gradual price increases with occasional dips.
Future Trends:
• Monitor global supply chain impacts post-COVID-19, which could influence price stability.
• Keep an eye on agricultural policies affecting nut production and import-export dynamics.
• Observe consumer demand shifts towards healthier options, potentially increasing competition within the nuts category.
• Consider environmental changes which might affect crop yields and prices.
