The Estonian dairy products market experienced a notable growth trend from 2013 to 2023, climaxing at 358.77 million Euros in 2023. Over the last two years, growth was 1.51% in 2023 and marginally negative at -0.072% in 2022. The last five years yielded a moderate compound annual growth rate (CAGR) of 0.96%. Despite some fluctuations, the market showed resilience.
Future trends to watch for include:
- Consumer preference for plant-based and lactose-free alternatives, influencing traditional dairy sales.
- Volatility in milk supply chains due to climate change impacts.
- Regulatory measures on sustainable dairy farming practices potentially impacting production costs and market prices.
| # | 19 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 29,301,000,000 | 2023 | +1.75% | +1.82% | View data |
| 2 | 2 Italy | 22,897,000,000 | 2023 | +0.22% | +0.59% | View data |
| 3 | 3 United Kingdom | 15,427,000,000 | 2023 | +0.5% | +1.71% | View data |
| 4 | 4 Poland | 8,471,800,000 | 2023 | +1.69% | +3.05% | View data |
| 5 | 5 Sweden | 2,959,000,000 | 2023 | +0.2% | -0.97% | View data |
| 17 | 17 Lithuania | 994,090,000 | 2023 | +2.82% | +1.92% | View data |
| 18 | 18 Latvia | 392,630,000 | 2023 | +2.74% | +3.8% | View data |
| 19 | 19 Estonia | 358,770,000 | 2023 | +1.51% | +0.96% | |