Between 2011 and 2021, the price per unit of fermented milk products in Estonia showed fluctuations with an initial increase, followed by a decrease, and a rise again from 2017 onwards. The recent years from 2019 to 2021 demonstrate minor year-on-year variations with slightly downward trends. Over the last two years up to 2021, prices fell by 0.66% annually. The Compound Annual Growth Rate (CAGR) over the five-year period from 2017 to 2021 highlights moderate stability in pricing.
Future trends to watch for include potential impacts from global economic conditions, changes in consumer preferences favoring natural or fermented products, and shifts in local agricultural policies. Monitoring these factors will be key to predicting future price movements in Estonia's fermented milk market.
