Between 2011 and 2021, the beer price per unit in Latvia exhibited fluctuations, starting at 0.81 EUR/L in 2011 and reaching 0.88 EUR/L in 2021. After a rise to 0.89 EUR in 2013, the price dropped to 0.72 EUR/L in 2014 but gradually increased afterward. Specific variations show a year-on-year change with notable adjustments in 2014. The Compound Annual Growth Rate (CAGR) over the last five years indicates stability in pricing, with moderate increases reflective of inflation and market conditions.
Future trends may include:
- Potential impacts of global economic changes on raw material costs.
- Shifts in consumer preference towards premium or craft beers.
- Regulatory or taxation changes influencing pricing structures.
