Examining yogurt prices in the Czech Republic from 2011 to 2021 reveals fluctuations, with values in Euros per kilogram initially decreasing from 2011 to 2016, reaching a low in 2016. Prices rebounded from 2017 onwards, peaking in 2019 and again in 2021. Essentially, the average cost decreased over the early years, before rising towards the end of the observed period, demonstrating a recent stabilization in market prices.
The year-on-year analysis from 2019 to 2021 illustrates price increases of 0.54% in both 2019 and 2021, with a decline in 2020. Over the last five years, the compound annual growth rate (CAGR) was 2.61%.
Looking ahead, potential future trends to watch include the influence of inflation, changes in consumer preference towards health-conscious products, and the impact of dairy industry innovations and sustainability practices. These factors may continue to affect yogurt prices in the Czech Republic.
How does the Czech Republic rank in Yoghurts Price Per Unit?
| # | 14 Countries | Euros Per Kilogram | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Finland | 2.35 | 2021 | View data | ||
| 2 | 2 Italy | 2.31 | 2021 | View data | ||
| 3 | 3 Croatia | 2.16 | 2021 | View data | ||
| 4 | 4 Slovakia | 2.09 | 2021 | View data | ||
| 5 | 5 Austria | 2.05 | 2021 | View data | ||
| 7 | 7 Denmark | 2.02 | 2021 | View data | ||
| 8 | 8 Portugal | 1.96 | 2021 | View data | ||
| 9 | 9 Czech Republic | 1.86 | 2021 | |||
| 10 | 10 Lithuania | 1.83 | 2021 | View data | ||
| 11 | 11 Estonia | 1.8 | 2021 | View data | ||