From 2013 to 2023, Spain’s cheese production has shown a steady increase, rising from 224.81 thousand metric tons to 374.41 thousand metric tons. Over the past five years (2018-2023), the Compound Annual Growth Rate (CAGR) has been 2.62%. The year-on-year variation in cheese production has often fluctuated, peaking notably in certain years, such as 2016 with a significant 15.1% increase. Recent trends indicate a stabilization with moderate growth, showing a 2.39% year-on-year increase in 2023.
Looking ahead from 2024 onwards, forecasts predict continued growth in cheese production, reaching 419.99 thousand metric tons by 2028, with a forecasted 5-year CAGR of 1.81% and an overall growth rate of 9.38%. Future trends to watch for include potential impacts of innovations in dairy farming, changes in consumer preferences towards specialty cheeses, and developments in sustainable production practices.
