The price per kilogram of prepared nuts and groundnuts in Croatia has experienced fluctuations from 2010 to 2020. Starting at €4.9 in 2010, the price peaked at €6.41 in 2012 before experiencing a decline, then a gradual recovery towards 2020, reaching €5.93. Significant year-on-year changes occurred, such as an increase of 21.21% from 2011 to 2012, and a 7.56% increase from 2019 to 2020. The compound annual growth rate (CAGR) from 2016 to 2020 shows a modest upward trend, reflecting a stable market. By 2023, prices likely stabilized around previous highs, considering economic conditions and supply chain dynamics.
Future trends to watch for include:
- Impact of global supply chains and climate change on raw material costs.
- Changing consumer preferences towards healthier snacking options.
- Potential economic fluctuations affecting purchasing power and demand.
- Technological advancements in processing that could alter pricing.
