Key Market Indicators
Iceland's cheese production is forecast to hit 18,000 metric tons by 2026. This is a 2.2% year-on-year increase on 2021's figure of 15,740 metric tons. Since 1966, Iceland has seen a 3.2% average year-on-year increase in cheese production. In 2021, it was ranked 70th, with Panama ahead in 69th with 15,740 metric tons. Germany, France and Italy took the 2nd, 3rd and 4th spots in the same ranking, respectively.
