In 2024, Denmark records the highest European Low Fat Milk HICP at 18.12, followed closely by Lithuania and Latvia. Germany, Hungary, and the Netherlands also feature prominently. Over the last two years, significant increases are noted in Latvia, Hungary, and Montenegro. Denmark and Lithuania have also maintained notable growth rates, while other countries like Croatia, Iceland, and Estonia showed no changes in recent data. The general trend over the past five years reflects a stable increase across most countries, driven by regional factors impacting supply and demand dynamics.
Future trends to watch include potential economic pressures from inflation, policy changes impacting dairy farming, and shifts in consumer preferences towards non-dairy alternatives. These could affect the Low Fat Milk HICP significantly, with possible fluctuations in both growth rates and values amongst European nations.
Top countries in Low Fat Milk HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 181.2 | 2022 | +21.37% | +8.65% | View data |
| 2 | 2 Lithuania | 160.31 | 2022 | +40.68% | +8.46% | View data |
| 3 | 3 Latvia | 155.35 | 2022 | +33.88% | +10.99% | View data |
| 4 | 4 Netherlands | 152.35 | 2022 | +16.24% | +5% | View data |
| 5 | 5 Germany | 152.2 | 2022 | +22.35% | +10.4% | View data |
| 6 | 6 Hungary | 148.68 | 2022 | +45.15% | +16.51% | View data |
| 7 | 7 Croatia | 143.87 | 2022 | +31.63% | View data | |
| 8 | 8 Montenegro | 143.8 | 2022 | +34.51% | +11.2% | View data |
| 9 | 9 Iceland | 142.74 | 2022 | +9.35% | View data | |
| 10 | 10 Macedonia | 139.97 | 2022 | +32.41% | +11.71% | View data |
