The whey price per unit in Croatia demonstrated fluctuations between 2012 and 2020, showing peaks in 2015 and a resurgence by 2019 and 2020 at 2.01 Euros per kilogram. From 2019 to 2020, there was stability in the price, maintaining the same level year-over-year, with no percentage variation. For the period from 2015 to 2020, the compound annual growth rate (CAGR) showcased a moderate increase, reflecting a recovery after the dip in earlier years.
Future trends to watch for:
- Impact of global economic conditions on dairy markets.
- Potential increases in demand for protein supplements.
- Technological advancements affecting production efficiency.
- Environmental policies influencing whey production costs.
