Between 2010 and 2020, the price per unit of dog and cat food in Estonia exhibited a steady upward trend, increasing from €1.39 to €2.65 per kilogram. Year-on-year price increases averaged around 7% over the last two years. The compound annual growth rate (CAGR) of the prices over the previous five years was about 10%, indicating a consistent upward movement in pricing.
Future trends to watch for include the impact of inflationary pressures and potential shifts in consumer preferences towards premium pet food options. Additionally, global supply chain dynamics and raw material costs may further influence pricing trends moving forward.
