Between 2009 and 2019, the price per unit for sauces in Lithuania showed a steady upward trend, rising from 1.74 to 2.71 Euros per kilogram. The most notable increases occurred from 2010 to 2011 and again from 2016 to 2019. The compound annual growth rate (CAGR) over the last five years of this period was around 3.8%.
Looking forward to 2024, prices are expected to continue rising, influenced by factors such as production costs, changes in consumer preferences, and economic conditions. Close attention should be paid to fluctuations in raw material prices and potential shifts towards premium or organic products affecting market dynamics.
