The price per kilogram of fermented milk products in Lithuania displayed a generally upward trend from 2011 to 2021. Starting at €1.45 in 2011, prices slightly declined until 2013, followed by fluctuations and a notable upward trajectory from 2016, reaching €1.78 in 2021. Year-on-year variations indicated volatility, particularly between 2016 and 2021. For instance, prices in 2020 and 2021 grew by approximately 3.53% and 3.49%, respectively. The CAGR over five years stood at around 6.13%, highlighting a significant upward shift driven by increasing demand and potential inflationary pressures.
Looking forward, anticipated future trends could include:
- Potential impacts of increased supply chain efficiency on price stability.
- Shifts in consumer preferences toward healthier and organic options.
- Potential regulatory changes affecting pricing and production.
