From 2010 to 2020, the price per kilogram of rusks and biscuits in Lithuania demonstrated a fluctuating but gradually increasing trend. Notable decreases occurred in 2011 and 2020, with a significant upward trend observed from 2015 to 2019. The most recent decline was in 2020, suggesting a slight market correction after substantial growth in the preceding years. The Compound Annual Growth Rate (CAGR) over the last five years up to 2020 indicates a moderate upward trajectory.
Future trends to watch for include:
- Potential impacts of economic conditions on consumer purchasing power.
- Shifts in consumer preferences towards healthier or different snack alternatives.
- Market responses to changes in raw material costs and supply chain adjustments post-2023.