The price per kilogram of evaporated milk in Germany showed fluctuations from 2010 to 2020, starting at 1.28 euros in 2010 and ending at 1.22 euros in 2020. A notable dip occurred in 2016, where the price reached 1.07 euros. The price displayed an irregular pattern with minor recoveries and declines, closing the decade in a relatively stable range.
From 2018 to 2020, there was a slight year-on-year decline, indicative of a downward trend, although values are not available for 2023 to make current comparisons. The compound annual growth rate (CAGR) for the last five years remains subdued, reflecting an overall stagnation.
Future trends to watch include potential price changes driven by supply chain dynamics, shifts in consumer preferences towards plant-based alternatives, and macroeconomic factors affecting production costs. Monitoring these variables will be critical for forecasting future price trends.
