The price per unit of non-processed cheese in Greece increased initially from €7.15 in 2010 to €8.18 in 2016 but faced fluctuations throughout the decade, decreasing to €6.65 by 2020. This reflects an evident volatility, with notable declines in 2017 and 2018. From 2016 to 2020, the price experienced a compound annual growth rate (CAGR) suggesting an average decline over these years.
Future trends indicate possible stability or slight increases in cheese prices due to factors like rising production costs, supply chain dynamics, and fluctuating demand. Monitoring global dairy markets and local economic conditions will be crucial in forecasting price changes beyond 2024.
