From 2010 to 2020, the price per kilogram of non-processed cheese in Croatia exhibited fluctuations, peaking in 2011 at €7.98 and reaching a low in 2016 at €6.18. After 2016, prices showed signs of recovery, climbing incrementally to €6.75 by 2020. Over the last two years prior to the pandemic (2018-2020), a mild upward trend was noted. Calculating the five-year CAGR from 2015 to 2020 indicates a relatively moderated decline followed by stabilization in pricing dynamics. In 2023, the price per unit was not available, indicating variations yet to be determined in the current year.
Future trends to watch include agricultural production costs like feed and labor, which could impact cheese prices. Additionally, shifts in consumer demand towards organic and specialty cheeses may influence price adjustments moving forward. Exchange rate fluctuations related to the Euro can also play a critical role in determining future pricing in Croatia.
