Forecast: Sheep Milk Cheese Production in Spain

Sheep milk cheese production in Spain has demonstrated moderate volatility from 2013 to 2023, with some occasional dips, such as in 2015 and 2020. The production stood at 81.26 thousand metric tons in 2023, up from 65.54 thousand metric tons in 2013. Despite fluctuations, the overall trend points to a gradual increase. The year-on-year percentage variation was positive in most years, with notable peaks in 2017 (17.14%) and a minor downturn in 2015 (-5.53%). The Compound Annual Growth Rate (CAGR) for the last five years is 1.93%.

For the future, production is predicted to continue rising, reaching 88.69 thousand metric tons by 2028, with a forecasted 5-year CAGR of 1.38%. Key trends to watch include potential market expansions, advancements in cheese-making technology, and consumer preference shifts towards artisanal and specialty cheeses. Monitoring these factors could provide valuable insights into production levels and market demand.

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