The whole milk and cream powder price per unit in Portugal exhibited fluctuations from 2009 to 2018. Key findings include a peak at €4.49 in 2013 and a trough at €3.86 in 2016. The CAGR over the past five years until 2018 showed stability with a slight upward trend, suggesting moderate growth in pricing influenced by market dynamics through 2023.
For 2024 and beyond, potential trends to monitor include:
- Market demand shifts due to dietary changes or health trends.
- Supply chain adjustments as a result of global economic conditions.
- Policy changes affecting agricultural production and trade in the EU.
