Between 2010 and 2020, the price per unit of non-chocolate sweet biscuits in Latvia showed overall appreciation. Starting at €2.63 in 2010, it reached €3.21 in 2020, demonstrating significant growth despite some fluctuations. Notably, 2018 saw the highest at €3.31. The five-year compound annual growth rate from 2016 to 2020 was positive, indicating a healthy appreciation in price.
Looking ahead, it's essential to monitor factors such as consumer preferences towards healthier options, the impact of economic changes on consumer purchasing power, and competitive market dynamics, as these could influence prices in the coming years.