The fresh cheese price per unit in Lithuania has shown minor fluctuations over the period from 2010 to 2020. After starting at 3.87 Euros/kg in 2010, the price demonstrated a gradual increase, peaking at 4.81 Euros/kg in 2014. Subsequently, the prices saw some minor declines and fluctuations, stabilizing around the 4.6-4.7 Euros/kg range by 2020. Considering the latest available actual data, in 2023 the prices have continued to stabilize without significant changes. Over the past two years, the year-on-year variations indicate a stable trend, and the CAGR over the last five years reinforces this stability.
Future trends to watch for:
- Potential impact of economic factors, such as inflation or changes in dairy production costs, which could influence price adjustments.
- Consumer preference shifts towards organic or specialty cheeses that could affect mainstream fresh cheese pricing.
- Global trade dynamics, including potential new trade agreements or tariffs, impacting import/export prices and competition.
