From 2009 to 2018, the price per unit of fermented milk products in Greece exhibited a general decline, with fluctuations. The price began at €3.45 in 2009, decreasing to €2.8 in 2018. Notable declines occurred in 2014 and 2018, while 2015 saw a temporary price increase. Over the last five years of available data, the compound annual growth rate (CAGR) stood at -2.77%, highlighting a downward trend in pricing.
Looking towards 2023, continued monitoring is essential as market conditions, consumer preferences, and potential economic recovery may lead to price stabilization or an upward trend. Watch for shifts in production costs, regulatory changes, and health trends influencing fermented milk product demand.
