The price per liter of milk drinks in Spain experienced fluctuations from 2010 to 2020. Beginning at €1.31 in 2010, the price saw ups and downs, peaking at €1.62 in 2020, a notable increase of approximately 24% over the decade. The last two years (2019-2020) showed a modest increase of 0.62%, while the five-year Compound Annual Growth Rate (CAGR) illustrated a steady incline, with an average growth of 4.31% annually. A notable drop occurred in 2017 at €1.21, followed by a steady recovery.
Looking ahead, future trends to watch include potential price stability or fluctuations influenced by factors such as production costs, consumer demand shifts, and economic conditions in Spain. Supply chain adjustments and innovations in milk product formulations may further impact pricing. Continued monitoring of agricultural policies and environmental regulations affecting dairy production will also be crucial.
