The price per kilogram of fermented milk products in Austria increased from €1.58 in 2011 to €1.88 in 2021, showcasing a general upward trend despite some fluctuations. The biggest surge occurred in 2014 with a 6.8% increase from the previous year. Over the last two years, prices increased by 2.2% and 1.1% respectively. The compound annual growth rate (CAGR) over the last five years stands at approximately 2.7%. Based on the upward trend, it is expected that prices were around €1.92 in 2023.
Future trends to watch for include fluctuating raw material costs and consumer preference shifts towards sustainable and health-conscious products, which can impact prices and demand in the coming years.