From 2011 to 2023, the price per unit of cheese and curd in Bulgaria exhibited varying trends. After initial fluctuations, prices stabilized and began a steady increase from 2015 onwards, reaching a peak in 2021 at 4.9 Euros per kilogram. The notable year-on-year percentage increases occurred from 2019 to 2021, highlighting consistent market growth.
Key variations over the last two years suggest a growth trajectory. The Compound Annual Growth Rate (CAGR) over the past five years indicates an average yearly increase, showcasing resilience despite earlier volatility.
Future trends to watch include the potential influence of economic factors on consumer purchasing power and the impact of international trade policies on cheese pricing. Expanding consumer preference for premium and specialty cheeses may also drive future price adjustments.
