The analysis of tea prices in Lithuania from 2011 to 2021 shows notable fluctuations. Between 2011 and 2013, there was a significant increase in price, peaking in 2013, followed by a decline until 2016. The prices stabilized from 2017 to 2020, with minor fluctuations and then increased again in 2021. The Compound Annual Growth Rate (CAGR) over the last five years reflects minimal annual growth due to the relatively stable prices from 2016 to 2020, before the spike in 2021.
Future trends to watch for include the impacts of global supply chain disruptions, shifts in consumer preferences towards premium teas, and potential economic policies in Lithuania that could affect price dynamics. Monitoring these factors can provide insights into future price changes.
