Cyprus recorded the highest dairy prices in the European Union in 2024, with costs 30.8% above the EU average, according to Eurostat’s household consumption price level analysis.
The island’s price index for milk, cheese and eggs reached 130.8 points, narrowly ahead of Greece at 130.5 points among the EU-20 countries.
Other EU members showed significantly lower indices, with France at 96 points, Belgium at 99.5, Italy at 105, Estonia at 114.2, Malta at 123.5, Germany at 97.1 and Croatia at 111 points.
Cyprus also recorded above-average prices for oils and fats at 116.7 points compared to the EU-20 average of 100.6 points. Bread and cereals prices stood at 109.3 points against the European average of 105.6 points.
However, Cyprus showed competitive pricing in several categories. Meat prices registered at 88.3 points, significantly below the EU-20 average of 106.2 points.
Greece recorded 95.2 points, whilst Luxembourg reached 137 points, Germany 112.3 points and Portugal 87.9 points.
For fruits, vegetables and potatoes, Cyprus recorded 98.4 points compared to Greece’s 89.2 points.
Other EU countries showed higher indices, with Denmark at 111.5 points, France at 119.2 points, Austria at 103.1 points, Malta at 113.8 points, Finland at 112.4 points and Estonia at 110.7 points.
Fish prices in Cyprus stood at 101.8 points, below Greece’s 112.4 points, Denmark’s 129.7 points and Austria’s 125.8 points. Portugal recorded 91 points, with the EU-20 average at 100.3 points.
The data reveals Cyprus’s mixed position in European food pricing, with significant premiums in dairy products offset by competitive meat and produce prices.
