The price per unit of non-processed cheese in Denmark has shown significant fluctuations from 2010 to 2020, starting at €4.81 in 2010, reaching a peak of €5.67 in 2014, dropping to €4.59 in 2016, and again rising to €5.67 in 2020. After registering a notable drop in 2015 and stabilizing around €5 from 2017 to 2019, it increased by 13.16% in 2020. The compound annual growth rate (CAGR) over the last five years is approximately 3.89%.
Future trends to watch for include:
- Potential impacts of global economic conditions on cheese prices.
- Fluctuations in raw material costs affecting production expenses.
- Consumer demand trends towards artisan and specialty cheeses.
