The price per unit of prepared mustard in Estonia has shown a dynamic trend from 2011 to 2021, fluctuating between €4.2 and €4.86 per kilogram. Notably, there was a peak in 2017 and a noticeable downward trend from 2018, reaching its lowest in 2021.
Year-on-year, the variations highlight significant changes including evident price declines from 2018 onwards. The compound annual growth rate (CAGR) over the last five years indicates a slight decrease, reflecting the recent trend of reduced pricing.
In 2023, the prepared mustard price is stable, suggesting a market correction following the earlier volatility. Future trends to watch include potential impacts from inflationary pressures, shifts in consumer preferences, and changes in trade dynamics affecting raw materials.
