The price per unit of Whole Milk and Cream Powder in Hungary showed fluctuations between 2010 and 2020, with the lowest value in 2013 at 3.51 EUR/kg and the highest in 2018 at 5.21 EUR/kg. Over the past two years, from 2019 to 2020, there was a slight price recovery with a 1.59% increase. The Compound Annual Growth Rate (CAGR) over the last five years (2015-2020) was 3.73%, indicating a modest upward trend.
Future trends to watch include:
- Potential impacts of inflation and supply chain disruptions on pricing.
- Changes in consumer demand for dairy products due to dietary trends.
- Fluctuations in global dairy market conditions affecting local prices.
