The year 2023 was characterized by insignificant fluctuations in raw material prices. The price increase of raw materials and packaging in 2023 was driven by the increase in transport costs as well as costs related to labour remuneration.
In addition, temporary increases in raw material prices were still influenced by the geopolitical situation, which destabilizes some raw material groups and supply chains in Europe and worldwide. However, the euro exchange rate had a positive impact.
Occasional problems at the turn of the year, as well as the above-mentioned difficulties on the border with Ukraine in the last weeks of 2023, did not significantly limit access to raw materials.
