From 2011 to 2021, the dairy products price in Croatia showed fluctuations with a slight uptick in 2021, reaching 1.72 Euros per kilogram. The period from 2011 to 2016 saw a gradual decline before prices rebounded somewhat from 2017 onwards. Over the past two years, the price increased by a notable percentage, with significant recovery observed between 2019 and 2021. The compound annual growth rate (CAGR) over the last five years indicates a slight upward trend, suggesting moderate price stabilization.
Future trends to watch for:
- Inflation and economic conditions impacting consumer purchasing power
- Changes in global dairy supply chains and production costs
- Potential shifts in local demand due to preference changes or demographic trends