The price per unit of flavoured liquid milk products in Estonia has shown a gradual upward trend from 2010 to 2020, increasing from 1.62 euros to 2.07 euros per kilogram. The year-on-year variations indicate a consistent increase, with notable jumps in 2014 and 2018. Between 2019 and 2020, the rise was 1.47%. The five-year compound annual growth rate (CAGR) was 1.82% per year from 2015 to 2020. As of 2023, the price is expected to have continued its upward trajectory, reflecting increasing demand and possible cost pressures.
Looking forward, factors such as changes in consumer preferences, potential cost increases in raw materials, and broader economic conditions should be watched closely. Sustainability trends and new product innovations may also impact pricing dynamics in the market.
