The European Milk Real Price Index indicates significant variability across countries in 2023. Lithuania, Latvia, and Ireland top the index ranking, indicating higher relative milk prices, whereas Cyprus, Greece, and Czech Republic are among the lowest. Over the past two years, noticeable index increases occurred in Ireland, Belgium, and Lithuania. Meanwhile, Cyprus experienced a decrease. When considering the average annual change over five years, continuous upward trends are notable in most countries, pointing to increasing real milk prices.
Looking ahead, several trends warrant attention. The emphasis on sustainability and organic farming could influence future price trajectories. Potential economic downturns or supply chain disruptions may also impact milk prices, with significant variations expected between regions due to differing agricultural policies and market conditions.
Top countries in Milk Real Price Index by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 170.27 | 2022 | +27.13% | +11.86% | View data |
| 2 | 2 Latvia | 166.49 | 2022 | +26.82% | +10.01% | View data |
| 3 | 3 Ireland | 165.52 | 2022 | +34.02% | +15.7% | View data |
| 4 | 4 Poland | 156.78 | 2022 | +29.77% | +11.34% | View data |
| 5 | 5 Germany | 151.64 | 2022 | +33.22% | +11.57% | View data |
| 6 | 6 Sweden | 151.5 | 2022 | +24.02% | +8.28% | View data |
| 7 | 7 Belgium | 151.3 | 2022 | +33.96% | +12.33% | View data |
| 8 | 8 Denmark | 150 | 2022 | +28.99% | +11.31% | View data |
| 9 | 9 Hungary | 149.65 | 2022 | +32.36% | +10.18% | View data |
| 10 | 10 Luxembourg | 143.95 | 2022 | +29.79% | +10.27% | View data |
