The production data for medium soft cheese in Denmark shows a dynamic trend from 2013 to 2023, reflecting significant volatility. Actual production peaked in 2020 at 35.6 thousand metric tons but experienced sharp declines in subsequent years, standing at 14.4 thousand metric tons in 2023. From 2019 to 2023, the year-on-year variation moved dramatically ranging from a peak increase of 22.76% to a substantial drop of -50.28%. Over the last five years, production showed an average annual decline of -8.94% CAGR.
Forecasts for 2024 to 2028 predict stabilization around 14.0 to 14.3 thousand metric tons. Despite a slight decreasing trend forecasted, the annual average rate of decline is minimal at -0.42%, indicating a potential plateau in production volume.
Future trends to watch for:
- Potential market stabilization and effects of policy changes on cheese production.
- Impact of consumer preferences and international market dynamics on cheese production volumes.
- Technological advancements in dairy farming and production efficiencies.