The price per unit of non-processed cheese in Latvia exhibited fluctuations from 2011 to 2021. After a steady rise from 2011 to 2014, a notable dip occurred in 2015. Recovery was observed, with prices peaking again in 2017 before fluctuating mildly through 2021 at 6.44 Euros per kilogram. The two-year variation reveals slight upward trends. The five-year compound annual growth rate (CAGR), measured from 2016 to 2021, reflects moderate growth.
Future trends to watch include increasing consumer demand for quality artisanal products, effects of inflation on dairy pricing, and potential impacts from the European agricultural policies affecting cheese production and distribution costs.
