Understand the key trends shaping demand and future opportunities...
Understand the key trends shaping demand and future opportunities across industries in Eastern Europe, with the latest regional and country-level analysis and market statistics.
Volume sales of cheese are experiencing stagnation in 2023 due to its high price, which peaked in 2022 as a result of the rising cost of logistics and energy. Inflation pressure is improving in 2023; however, economic uncertainty prevails. Consumer…
Cheese recorded stagnant retail volume growth in Lithuania during 2023, although value growth was still exceptional in current terms as the impact of high inflation boosted unit prices and value sales significantly, albeit at a slower pace than…
In the face of rising prices, cheese consumption remains stable in retail volume terms as this product range remains a popular item in everyday cuisine. Its versatility is a key reason for such high demand, as it can be used in preparing various…
In response to the rise of competition from plant-based cheeses, dairy cheese producers in Poland are innovating with new flavours and types. Dublin Dairy has introduced 100g slices of Maasdam, a cheese known for its rich, sweet, buttery taste with a…
Cheese is experiencing the cross-category trend of value being supported by high prices, whereas volume is being suppressed by low consumer spending power in the inflationary context. The overall volume declines in cheese are also the consequence of…
The local cheese industry is facing challenges in 2023, as imported products are favoured by retailers. In February 2023, the Serbian government introduced an import duty of 30 dinars per kilogram of cheese to protect domestic production from the…
Retail volume sales of cheese continued to decline in 2023, albeit at a lower rate than the previous year. Growth was hampered by inflationary pressures, which made it harder for Slovak households to afford to consume the product on a daily basis.…
The cheese category is growing in volume and value terms. Inflation is driving the value growth of the category while the functional and health effects provided by consuming cheese are driving the volume growth of the category, where spreadable…
With cheese requiring a significant amount of milk to produce, the increasing prices of raw milk during 2022 caused cheese prices to rise significantly. Production has stayed relatively stable, but the price change caused a noticeable shift in…
The war has taken its toll on the local economy with disposable income in most households being squeezed. As a result, some price-sensitive consumers are downtrading when it comes to shopping for cheese. For instance, some consumers are shifting to…