The analysis of the fresh cheese price per unit in Latvia from 2010 to 2020 shows fluctuations with an overall upward trend. Between 2010 and 2020, the price increased from €3.8 to €4.8 per kilogram, marking gradual but variable increases year-on-year. Notably, 2020 saw a significant increase compared to previous years. Over the last two years of this period, a steady rise was observed despite previous dips and fluctuations. The compound annual growth rate (CAGR) over the last five years reflects a modest upward trend, emphasizing the resilience of fresh cheese prices against economic changes.

Future trends to watch for include:

Potential impacts of inflation and global supply chain challenges on cheese prices.
Consumer behavior shifts towards locally-produced or organic cheese.
Technological advancements in production that could drive efficiencies and affect pricing.