The European Milk Subsidies are markedly varied, with Switzerland leading at 29.12 million euros in 2024, a 9.21% increase from 2023. Norway, although second, saw a contraction of 1.78%. Positive trends include the Czech Republic (6.22%) and Portugal (12.42%). Conversely, France experienced a decline of 2.91%. The noticeable five-year growth in the Netherlands, showing a year-on-year rate of 16.81%, contrasts with Belgium's decrease of 2.78%. Overall, subsidies in Eastern European countries like Latvia and Lithuania demonstrate moderate growth.
Future trends to observe include potential shifts towards sustainable dairy practices, impacting subsidy distributions. Economic shifts, policy changes, and environmental pressures may redefine allocations, especially as the EU reforms agricultural policy. Monitoring these shifts could provide early insights into emerging leaders in subsidy shares.
Top countries in Milk Subsidies Share by Country (Million Euros)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Switzerland | 29.12 | 2023 | +2.25% | +9.21% | View data |
2 | 2 Norway | 22.51 | 2023 | -2.46% | -1.78% | View data |
3 | 3 Finland | 14.45 | 2023 | +0.53% | -0.24% | View data |
4 | 4 Spain | 6.52 | 2023 | -8.82% | -1.72% | View data |
5 | 5 France | 5.65 | 2023 | -12.44% | -2.91% | View data |
6 | 6 Czech Republic | 4.95 | 2023 | +2.73% | +6.22% | View data |
7 | 7 Iceland | 4.03 | 2023 | +10.38% | +3.09% | View data |
8 | 8 Portugal | 3.07 | 2023 | -0.38% | +12.42% | View data |
9 | 9 Sweden | 2.96 | 2023 | +3.57% | +2.18% | View data |
10 | 10 Bulgaria | 2.81 | 2023 | +10.7% | +0.26% | View data |