Between 2011 and 2021, fresh cheese prices in Italy exhibited fluctuations. Starting at €6.62/kg in 2011, peaking at €6.74/kg in 2018, and bottoming at €5.79/kg in 2020, they culminated at €6.7/kg by 2021. From 2019 to 2021, prices rebounded with a year-on-year increase of approximately 15% in 2020-2021. The five-year compound annual growth rate (CAGR) from 2016 to 2021 was modestly positive, reflecting a recovery trend.
Future trends to watch include:
- Potential impacts of economic recovery post-pandemic on consumer behavior.
- Evolving regulations and production costs affecting prices.
- Currency fluctuations and global dairy market trends.
- Growth in demand for premium and locally-sourced cheeses.
