The European Milk Price Index highlights significant regional disparities. Lithuania tops the list with the highest value, followed closely by Latvia, reflecting regional strengths in milk production. Countries like Slovenia and Greece exhibit lower index values, indicating potential market or production challenges. Over the past two years, substantial percentage increases were observed in Lithuania and Latvia, while Cyprus had a modest growth. The five-year CAGR analysis provides a consistent yearly growth assessment, affirming the overall upward trajectory in milk prices across Europe.
Future trends to watch for include:
- Fluctuations in demand influenced by economic conditions and changing consumer preferences.
- Impact of technology and sustainability practices in driving efficiency and reducing costs.
- Brexit and other political developments affecting trade policies and market dynamics.
Top countries in Milk Price Index by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 234.24 | 2022 | +51.1% | +20.71% | View data |
| 2 | 2 Latvia | 218.88 | 2022 | +48.69% | +17.27% | View data |
| 3 | 3 Hungary | 205.35 | 2022 | +52.57% | +18.81% | View data |
| 4 | 4 Poland | 202.87 | 2022 | +46.91% | +19.45% | View data |
| 5 | 5 Estonia | 196.69 | 2022 | +46.66% | +14.39% | View data |
| 6 | 6 Belgium | 186.49 | 2022 | +47.82% | +17.48% | View data |
| 7 | 7 Ireland | 185.38 | 2022 | +44.88% | +19.48% | View data |
| 8 | 8 Sweden | 180.87 | 2022 | +34% | +12.34% | View data |
| 9 | 9 Germany | 180 | 2022 | +44.81% | +16.04% | View data |
| 10 | 10 Denmark | 170.7 | 2022 | +39.93% | +15.26% | View data |
