Price Elasticity Analysis by Year
Price Elasticity, Price Change, and Volume Change by Year
| Year | Price Change (%) | Volume Change (%) | Price Elasticity (ratio) |
|---|---|---|---|
| 2021 | +27.69% | -7.64% | -0.28 |
| 2022 | -1.64% | -18.11% | 11.07 |
| 2023 | -24.09% | +35.61% | -1.48 |
| 2024 | -6.20% | -8.46% | 1.36 |