From 2011 to 2021, the price per unit of processed milk in Croatia expressed in Euros per kilogram showed significant fluctuations. Initially stable at 0.9, the price then decreased notably by 2016 to 0.67. However, from 2017 onwards, the price stabilized around 0.77-0.78. By 2023, the price maintained its level at approximately 0.78, indicating a steady market.
Notable trends include:
- The period from 2011 to 2016 experienced a downward trend.
- Post-2016, prices showed moderate stability and slight increments.
- The average annual price change from 2018 to 2023 was negligible, indicating a stabilization phase with minor fluctuations.
Future trends to watch for involve potential shifts due to external factors such as supply chain disruptions, inflation, and policy changes impacting production costs. Continuous monitoring of these elements can provide insights into potential price adjustments.
