The 2024 European Dairy Products Production Index by country shows variability. Lithuania leads with a value of 13.53, reflecting its robust production growth, followed by Greece at 12.06 and Italy at 11.32. Germany and Spain are slightly lower at 11.02 and 10.19 respectively. France and Latvia stand at 9.86 and 9.08, showing a more modest production level. Comparing year-on-year variations, 2022 data reveal positive growth for countries like Lithuania (6.25%) and Greece (2.19%), while France (-0.28%) and Latvia (-1.81%) experienced declines. Over the last five years, average growth trends highlight Lithuania's significant progress.
Future trends to watch include potential shifts due to changing consumer preferences towards sustainable and plant-based dairy alternatives, technological advancements in dairy farming, and likely impacts of regulatory changes surrounding dairy production within the European Union. Monitoring these factors will be crucial for forecasting and strategic planning in the dairy sector.
Top countries in Dairy Products Production Index by Country
| # | 7 Countries | Indexes 2015 = 100, Calendar Adjusted | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 135.3 | 2022 | +5.87% | +6.25% | View data |
| 2 | 2 Greece | 120.6 | 2022 | +1.26% | +2.19% | View data |
| 3 | 3 Italy | 113.2 | 2022 | -0.44% | +1.52% | View data |
| 4 | 4 Germany | 110.2 | 2022 | -1.43% | +1.54% | View data |
| 5 | 5 Spain | 101.9 | 2022 | +1.19% | +0.68% | View data |
| 6 | 6 France | 98.6 | 2022 | -1% | -0.28% | View data |
| 7 | 7 Latvia | 90.8 | 2022 | +0.22% | -1.81% | View data |
