The European Butter Harmonized Index of Consumer Prices (HICP) indicates significant variation among countries. In 2024, Hungary and the Czech Republic experience the highest price changes, signaling strong inflation or economic pressures. Conversely, nations like Switzerland and Cyprus show minimal increases, suggesting stability or efficient dairy sectors. Mid-tier trends in Germany, Austria, and Denmark suggest a balanced market impact. Despite current fluctuations, countries like Lithuania and Slovenia reflect moderate adjustments, pointing to potential adaptive pricing strategies.
Future trends to monitor include:
- Potential economic policies impacting dairy prices in Eastern Europe.
- Impact of changing supply chains in Western Europe.
- Influence of consumer demand shifts due to health or lifestyle trends on butter consumption.
Top countries in Butter HICP by Country
| # | 10 Countries | Percent, Change on Previous Period | Last Year | |
|---|---|---|---|---|
| 1 | 1 Hungary | 44.5 | 2022 | View data |
| 2 | 2 Czech Republic | 41.9 | 2022 | View data |
| 3 | 3 Germany | 39.1 | 2022 | View data |
| 4 | 4 Bulgaria | 38.7 | 2022 | View data |
| 5 | 5 Kosovo | 33.8 | 2022 | View data |
| 6 | 6 Slovakia | 33.8 | 2022 | View data |
| 7 | 7 Lithuania | 32.7 | 2022 | View data |
| 8 | 8 Austria | 31.1 | 2022 | View data |
| 9 | 9 Latvia | 29.8 | 2022 | View data |
| 10 | 10 Denmark | 28.7 | 2022 | View data |
