The Non-Chocolate Sweet Biscuits price per unit in the UK increased overall from 2012 to 2019, peaking in 2015, then fluctuating slightly with values generally trending upwards. Between 2018 and 2019, the price rose by approximately 2.5%. The compound annual growth rate (CAGR) from 2015 to 2019 stood at around 1.5%, reflecting modest growth. As of 2023, market reports indicated that prices had continued a steady incline since 2019, driven by supply chain costs and changing consumer preferences.
Future trends to watch for:
- Impact of inflation on manufacturing and retail pricing
- Increasing demand for healthier alternatives potentially affecting pricing dynamics
- Supply chain adjustments post-Brexit influencing cost structure