Between 2011 and 2021, the price per unit of butter and dairy spreads in the Czech Republic showed significant fluctuations. Notable was a sharp increase in 2017, reaching its peak at 6.85 Euros per kilogram, followed by a gradual decrease until 2020. In 2021, the price rebounded to 5.96 Euros per kilogram. This reflects a compound annual growth rate (CAGR) noticeable over the five-year period ending in 2021.
Future trends to watch for:
- Global dairy supply chain disruptions, potentially affecting prices.
- Consumer shift toward plant-based alternatives could influence market dynamics.
- Economic factors, including inflation rates, might impact spending power and affect price demand.