In 2024, Hungary led in the European Low Fat Milk HICP with the highest change of 45.2%. Notably, Baltic and Eastern European countries such as Lithuania and Montenegro also recorded elevated indices, indicating significant pricing shifts. In contrast, Western and Northern European countries like Switzerland, Malta, and Norway exhibited minimal changes, showcasing stable pricing dynamics. This disparity highlights divergent market dynamics, potentially influenced by regional economic conditions and supply chain factors.
Future trends to watch for include potential stabilization in Eastern Europe as inflationary pressures ease. Furthermore, rising sustainability initiatives may impact production costs and pricing trends in Western Europe, altering the historical patterns observed.
Top countries in Low Fat Milk HICP by Country
| # | 10 Countries | Percent, Change on Previous Period | Last Year | |
|---|---|---|---|---|
| 1 | 1 Hungary | 45.2 | 2022 | View data |
| 2 | 2 Lithuania | 40.7 | 2022 | View data |
| 3 | 3 Montenegro | 34.5 | 2022 | View data |
| 4 | 4 Latvia | 33.9 | 2022 | View data |
| 5 | 5 Czech Republic | 33.6 | 2022 | View data |
| 6 | 6 Macedonia | 32.4 | 2022 | View data |
| 7 | 7 Croatia | 31.6 | 2022 | View data |
| 8 | 8 Estonia | 29 | 2022 | View data |
| 9 | 9 Slovakia | 28.7 | 2022 | View data |
| 10 | 10 Slovenia | 25.1 | 2022 | View data |
