The price per unit of sweet biscuits and gingerbread in Sweden exhibited fluctuations from 2011 to 2021, with an initial increase followed by a notable decline. Between 2011 and 2014, the price decreased steadily, from 5.22 to 4.71 euros per kilogram. A spike occurred in 2015, reaching 5.58, before the trend reversed, leading to a consistent drop by 2020, registering at 3.3. A modest recovery took place in 2021. The compound annual growth rate (CAGR) over the last five years (2016 to 2021) reflects a negative trend, indicating an average decline annually.
For 2023, assuming the pattern roughly aligns with recent trends of slight recovery from 2021, it could be around 3.7 euros per kilogram, pending market conditions and external economic factors.
Future trends to watch include:
- Potential for further price recovery as markets stabilize post-pandemic.
- Influence of raw material costs and supply chain dynamics on prices.
- Consumption pattern changes due to growing health consciousness impacting demand.
