News

Bulgaria: In a year, the purchase price of cow's milk has fallen by 16%, the wholesale price of cheese has increased by 4%

Cow Milk
Dairy
Bulgaria
Market & Price Trends
Published Jan 22, 2024

Tridge summary

The purchase price of cow's milk has decreased by 15.9% annually, while the average price of raw milk as of January 10, 2024, is BGN 0.90. The wholesale price of "Vitosha" cheese has increased by 4.1% and the store price by 7%, while the retail price of cow's cheese has a lower growth of 3.8%. Milk production in Bulgaria is declining, with a significant decrease in the production of dairy products such as cream and butter, and only a negligible increase in cow's cheese production.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

On an annual basis, the purchase price of cow's milk is 15.9% lower. As of January 10, 2024, the average price of raw milk is BGN 0.90, according to the information board for milk and dairy products of the Ministry of Agriculture. The data are from SAPI. At the same time, the wholesale price of "Vitosha" cheese increased by 4.1% in a year, and the store price - by 7 percent. Data on the wholesale price of cow's cheese is missing, but it appears that the retail price has a lower growth of 3.8 percent. Notably, fresh retail milk is almost 4% cheaper, again year-on-year. From the comparative graph of the EC, it can be seen that the Bulgarian purchase price of raw milk as of December 2023 is about 45 euro cents, while the average for the EU is 47. The most expensive raw cow's milk is bought in Cyprus - about 64 euro cents, the cheapest in Slovakia and Sweden, where the purchase price is 39 euro cents. Milk production in Bulgaria is certainly declining, according to a table prepared by ...
Source: Agroplovdiv
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