From 2011 to 2021, the price per unit of frozen vegetables and vegetable mixtures in Germany exhibited a gradual upward trend. Between 2011 and 2017, the price fluctuated slightly around 1.47 to 1.49 Euros per kilogram. Notably, in 2018, prices began to climb steadily, reaching 1.66 Euros per kilogram in 2021. This represents an overall increase, with significant yearly increases seen from 2019 to 2021. The last five years (2016-2021) showed a compounded annual growth rate (CAGR) in price, reflecting consistent price escalation in this period.
Future trends to watch for in this market include:
- Potential impact of inflation and economic conditions on consumer purchasing power.
- Shifts toward sustainable and organic produce, potentially affecting pricing and demand.
- Impact of climate change on production costs and supply chain stability.