In 2023, European countries exhibited varied growth rates in the Whole Milk Harmonized Index of Consumer Prices (HICP). Lithuania led with a value of 17.781, showing a notable year-on-year change of 9.74%. Denmark and Germany followed with values of 17.29 and 15.04, and year-on-year changes of 8.44% and 9.07%, respectively. Poland reached 13.92 with the highest increase of 11.88%. Conversely, some countries such as Croatia and Iceland saw no variation.
Looking forward, key trends to watch in the European Whole Milk HICP by country will include the impact of inflationary pressures, shifts in consumer preferences towards dairy products, and potential economic slowing. Monitoring the socioeconomic policies and agricultural factors affecting milk production could offer insights into future fluctuations in milk prices across Europe.
Top countries in Whole Milk HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 177.81 | 2022 | +44.4% | +9.74% | View data |
| 2 | 2 Denmark | 172.9 | 2022 | +21.93% | +8.44% | View data |
| 3 | 3 Netherlands | 159.46 | 2022 | +14.32% | +4.59% | View data |
| 4 | 4 Germany | 150.4 | 2022 | +20.13% | +9.07% | View data |
| 5 | 5 Croatia | 141.45 | 2022 | +24.88% | View data | |
| 6 | 6 Iceland | 141.03 | 2022 | +10.53% | View data | |
| 7 | 7 Poland | 139.2 | 2022 | +24.84% | +11.88% | View data |
| 8 | 8 Estonia | 135.17 | 2022 | +26.09% | View data | |
| 9 | 9 Romania | 133.8 | 2022 | +20.38% | View data | |
| 10 | 10 Bulgaria | 133.09 | 2022 | +22.4% | +5.81% | View data |
