The bottled water price per unit in Croatia witnessed fluctuating trends from 2011 to 2021. The most notable price peaks occurred in 2015 and 2016, where the price surged above previous years, pointing to market dynamics such as increased demand or cost pressures. Following this, a gradual decline was observed from 2018 onwards, stabilizing around 0.48 euros per liter by 2021. Over the last five years, the compounded annual growth rate (CAGR) indicates a slight reduction in price trends, implying stabilization in the market.
Future trends to watch for include:
- Effects of sustainability and environmental concerns on bottled water pricing.
- Potential economic influences such as inflation and consumer spending power in 2024.
- Technological improvements in bottling processes that might impact costs.