Key Market Indicators
Czech Dairy Products Sales are projected to reach €1.77 billion by 2028, marking a slight increase from €1.75 billion in 2023. This represents an average annual growth rate of 0.2%. Despite this modest growth, the Czech market has seen a decline of 0.4% per year since 2013. In 2023, the Czech Republic ranked 16th globally, with Norway leading at €1.75 billion. Germany, Italy, and the Netherlands held the second, third, and fourth positions, respectively. In terms of production, Czech Dairy Products are expected to hit €1.73 billion by 2028, up from €1.69 billion in 2023, reflecting a compound annual growth rate (CAGR) of 0.3%. Since 2013, the supply has remained stable. In 2023, the Czech Republic was again 16th globally, with Finland slightly ahead at €1.69 billion. Germany, Italy, and the Netherlands occupied the second, third, and fourth spots in the ranking. However, Dairy Products Consumption in the Czech Republic is set to decline significantly. By 2028, consumption is expected to drop to approximately 363 million kilograms, down from around 589 million kilograms in 2023. This represents an average annual decrease of 7.7%. Interestingly, demand had increased by 0.9% per year prior to this forecasted decline. Italy, the United Kingdom, and France ranked second, third, and fourth in consumption, respectively.
