Key Market Indicators
Slovakia's dairy products production is projected to reach €715 million by 2028, marking a steady increase from €660 million in 2023. This represents an average annual growth rate of 1.3%. Since 2013, the country's dairy supply has seen a consistent annual rise of 1.2%. In 2023, Slovakia ranked 22nd in the world for dairy production, with Serbia slightly ahead at €660 million. Leading the rankings were Germany, Italy, and the Netherlands in positions two, three, and four respectively. In terms of sales, Slovakia is expected to achieve €845 million by 2028, up from €769 million in 2023, indicating an average annual growth rate of 1.5%. The Slovak dairy market has been growing at an annual rate of 2.4% since 2013. In 2023, Slovakia held the 22nd position, while Croatia outpaced it with €769 million in sales. Germany, Italy, and the Netherlands maintained their positions as the top three in this sector. Contrastingly, dairy products consumption in Slovakia is projected to decline slightly. By 2028, consumption is expected to drop to approximately 459 million kilograms, down from 473 million kilograms in 2023. This represents an annual decrease rate of 0.5%. Since the previous years, the demand had risen by 0.5% annually. Italy, the United Kingdom, and France were the second, third, and fourth largest consumers in this category, respectively.
