Key Market Indicators
Slovak production of dairy products is expected to reach €674.5 million by 2026, up from €637.2 million in 2021. This would represent an average annual growth rate of 0.9%. Since 2013, Slovak supply has increased by 4.3% year on year. In 2021, Slovakia ranked 22nd in the world, with Hungary coming in ahead at €637.2 million. Germany, Italy and the Netherlands ranked 2nd, 3rd and 4th, respectively. Slovak dairy products sales are on track to reach €836.1 million by 2026, up from €770 million in 2021. This would represent an average year on year growth of 1.3%. Since 2013, the Slovak market has grown by 5.2% year on year. In 2021, Slovakia ranked 22nd in the world, with Hungary coming in ahead at €770 million. Germany, Italy and the Netherlands ranked 2nd, 3rd and 4th, respectively. Consumption of dairy products in Slovakia is estimated to reach 685,220,000 kilograms by 2026, down from 693,330,000 kilograms in 2020. This would represent an average year on year drop of 0.2%. Since 2013, demand has risen by 2.4% year on year. France, the United Kingdom and Italy ranked 2nd, 3rd and 4th, respectively.