Between 2011 and 2021, the price per kilogram of fresh turkey cuts in Lithuania exhibited overall growth with some fluctuations. Notably, prices increased from a low of €3.99 in 2012 to a high of €5.11 in 2019, followed by a decline to €4.44 in 2021. The year-on-year decrease observed from 2020 to 2021 was -0.22%. The compound annual growth rate (CAGR) over the last 5 years, from 2016 to 2021, was relatively stable.
Future trends to watch for include the impact of supply chain challenges, inflation rates, and changing consumer preferences potentially affecting prices. Monitoring these factors is crucial as they may drive significant shifts in pricing dynamics beyond 2023.
