Lithuania leading Europe in terms of highest butter prices

 Butter prices in Lithuania are among the highest in Europe. Such information was provided at a meeting of EU farmers and their cooperatives in Brussels. Out of 18 EU member states compared, in terms of butter prices, Lithuania is ahead of Hungary, Romania, Slovenia and Slovakia only. 
Lower butter prices are in Spain, Poland, Ireland, the United Kingdom, the Netherlands, France, Latvia, Germany, Italy, the Czech Republic and other European countries. Butter prices in the nearest neighbour states – Latvia and Poland – are lower than in Lithuania by a third. 
“The cost of Lithuanian products is very high. This is also confirmed by the EU’s general statistics. This means that it is very difficult to sell Lithuanian products in the European market due to their high prices. Therefore, dairy producers are trying to make up for it in the local market. Lithuanian residents pay for butter made of local milk in our country more than people in other European countries,” Mindaugas Juozaitis, General Manager of Agrowill Group, said. 
In his words, such a situation has been determined by the fact that small milk processing companies prevail in Lithuania, unlike in Europe, and their operating costs are very high.  Meanwhile, milk purchase prices in Lithuania are the lowest in the European Union. 
In the opinion of the head of Agrowill Group, such a paradoxical situation should be influenced by both the country’s legislators and milk producers’ efforts to develop business more efficiently. 

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