The price level for raw milk in EU countries

Published Dec 10, 2024

Tridge summary

The Union of Dairy Enterprises of Ukraine reports that average milk prices in the EU have surged, with November prices being 15% higher than June and 14% higher than January 2024. Compared to November 2023, prices have increased by 16.5% on average across the EU, with notable increases in Belgium (34%) and the Netherlands (30%). The Netherlands had the highest prices in November, exceeding €55 per 100 kg. Poland experienced a significant increase of nearly €7/100 kg (+15%) in November, with its prices only 0.6% below the EU average. Experts forecast that these rising prices will continue into December, with expectations of the average price surpassing €54/100 kg.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This is reported by the expert-analytical service of the Union of Dairy Enterprises of Ukraine. November prices exceeded: by 15% the June figure, by 14% - January-2024; by 16.5% — the figure for November 2023. If in the first half of 2024 the prices were lower than last year, then in the second half the prices are significantly higher than last year: in September +14.5%; in October +16.7%; in November +16.5%. The last time the EU average prices exceeded €53/100 kg was in February 2023, i.e. more than 20 months ago. In November 2024, compared to the level of November 2023, prices increased: — on average for EU countries — by 16.5%; — in Belgium by 34%; — in the Netherlands — by 30%; — in Germany — by 20%; — in Poland — by 10%; — in France — by 8%. Among the main producers of raw milk in the EU, the highest level of prices in November was recorded in the Netherlands - over €55. At the same time, it exceeded €51 in all analyzed countries (the lowest level was in France). In November, ...

Source: MilkUA