Western Europe

Following the sharp spikes in milk prices over 2023, prices began falling in 2024 leading to lower input costs for cheese in Belgium. Cheese manufacturers used promotions to boost volume sales in an otherwise mature category, leading to the best…

Austria is a country with a strong tradition of cheese-making, and the consumption of a wide range of cheese remains very popular in the country, leading cheese to account for the largest share of value sales within overall dairy products and…

Charge cards were not issued by banks in Turkey at the end of the review period. Instead, credit cards and debit cards remain the two main types of financial card. Consumers who use credit cards employ them mostly for the “pay later” function, while…

Charge cards is expected to continue to see double-digit declines in 2023 in terms of cards in circulation, and volume and value transactions. Historically, charge cards were primarily associated with business use, as the majority of transactions,…

While charge card payments have experienced some growth in popularity over the review period, they remain a relatively minor payment method in the Netherlands, largely due to deeply ingrained cultural factors. Dutch consumers typically gravitate…