From 2011 to 2021, Romania's tea price per unit fluctuated, peaking at 13.47 Euros per kilogram in 2013, followed by a decrease, hitting a low of 11.88 Euros in 2020. Recent years show recovery with a 5.2% increase from 2020 to 2021. Looking at a 5-year period, the compound annual growth rate (CAGR) reveals a minimal average decrease in price per year. In 2023, the price remained stable around 12.5 Euros.
Future trends to watch for:
- Impact of inflation and global economic shifts on tea prices.
- Potential changes in consumer preferences towards premium and specialty teas.
- Influence of sustainable and ethical sourcing practices on pricing structures.
