The European Cows' Milk Real Price Index reveals a diverse landscape across countries. In 2023, Lithuania (17.027) and Latvia (16.649) had the highest indices, while Cyprus (9.983) showed the lowest. Year-on-year, major increases were seen in Ireland (15.7%) and Belgium (12.33%), while Cyprus experienced a decline (-1.51%). Over five years, notable growth is evident in countries like Lithuania and Latvia, reflecting regional price dynamics and market conditions.
Future trends to watch include:
- Impact of environmental policies on production and pricing.
- Implications of technological advancements on efficiency and cost.
- Market shifts due to changing consumer preferences for dairy alternatives.
Top countries in Cows' Milk Real Price Index by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 170.27 | 2022 | +27.13% | +11.86% | View data |
| 2 | 2 Latvia | 166.49 | 2022 | +26.82% | +10.01% | View data |
| 3 | 3 Ireland | 165.51 | 2022 | +34.02% | +15.7% | View data |
| 4 | 4 Poland | 156.78 | 2022 | +29.77% | +11.34% | View data |
| 5 | 5 Germany | 151.64 | 2022 | +33.22% | +11.57% | View data |
| 6 | 6 Sweden | 151.5 | 2022 | +24.02% | +8.28% | View data |
| 7 | 7 Belgium | 151.3 | 2022 | +33.96% | +12.33% | View data |
| 8 | 8 Denmark | 150 | 2022 | +28.99% | +11.31% | View data |
| 9 | 9 Hungary | 149.67 | 2022 | +32.38% | +10.19% | View data |
| 10 | 10 Luxembourg | 143.95 | 2022 | +29.79% | +10.27% | View data |
