Greek Feta Prices to Hit €16 Per Kilo as Milk Supplies Tighten

by · Greek City Times

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Feta prices could rise to €15-16 per kilo from around €12-13 currently as limited milk supplies meet growing international demand, according to the president of Greece’s National Interprofessional Organisation of Feta, Michalis Sarantis.

Speaking at a conference organised by the Panhellenic Exporters Association, Sarantis said price increases have already begun and further rises are expected.

He identified the rising cost of raw materials as a key factor, with milk production falling significantly.

Sheep numbers fall below 8 million

Sarantis said Greece has lost around 600,000 animals, while the number of sheep has fallen below eight million.

He linked the decline, among other factors, to extensive animal culls carried out because of sheep and goat pox.

The recovery of the livestock population will take time. Sarantis estimated that it could take around two years for production to return to pre-crisis levels.

At the same time, international orders continue to increase. Feta exports have risen by around 7%, while dairy companies hold low stock levels.

Higher prices have already affected consumption in Greece, with some consumers switching to white cheese as a cheaper alternative.

Greek yoghurt records strong export growth

Greek yoghurt, meanwhile, continues to show strong growth.

Christos Apostolopoulos, president of the Association of Greek Dairy Industries and Traders (SEVGAP), said exports have increased by 110% over the past three years, with 2025 alone recording a 38% rise.

The sector is also seeking stronger protection for Greek yoghurt in international markets and has already consulted a French legal adviser on the issue.

Greek olive oil faces pressure

The olive oil sector also faces challenges as the industry seeks to maintain the position of Greek products in Northern European markets, where exports have declined.

Nikolaos Zavakos, vice-president of the Association of Greek Olive Oil Standardisation Industries (SEVITEL), said competition from Tunisia plays an important role, while sharply higher transport costs have added further pressure.

For shipments to Bahrain, for example, freight rates that stood below €1,000 before the war have now risen to €6,000-7,000, depending on the period.

In the table olive sector, PEMETE president Kostas Zoukas called for greater government support and said production has remained essentially stagnant for decades.

The outlook for Greece’s major agri-food products therefore remains mixed. Feta faces tighter supply and stronger international demand, Greek yoghurt continues to record strong export growth, while olive oil and table olives face significant challenges in international markets.

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