Feta Cheese Price Trend and Forecast 2026-2027

The United States paid the most for feta cheese in Q3 2026: USD 6,900/MT, up 1.4% from USD 6,805/MT in Q2. Import costs, freight charges and steady demand from food service and retailers keep American prices above the other three markets. Worldwide, the average rose 1.3% to USD 5,825/MT from USD 5,748/MT, mostly because higher milk costs and firm demand from retailers and food service led dairies and importers to raise prices in all four markets. What about Q4 2026? We expect a global average somewhere in the USD 5,680-6,145/MT range, with sheep, goat and cow milk prices, tourism demand in Greece, demand from retailers and food service and freight costs doing most of the work.

Feta is a white, brined cheese made from sheep milk or a mix of sheep and goat milk, with a tangy, salty taste. It is crumbled in salads, baked in pastries and eaten with bread, and it is sold in blocks in brine. Prices in this report refer to feta in blocks and tins for retail and food service and are quoted per metric ton. They depend on milk prices, tourism and demand from retailers and food service.

Greece makes the protected origin product from sheep and goat milk, and other countries make feta-style cheese from cow milk. Dairies curdle the milk, cut and drain the curd, salt it and ripen it in brine for at least two months. Sheep milk supply is seasonal, so output peaks in the spring and summer. Greece, Bulgaria, Denmark and Germany are large exporters, and the United States is a large importer.

Feta Cheese Price Forecast for 2026

Prices should rise modestly through the rest of 2026. Milk costs are firm and demand from retailers and food service is steady. Lower priced cow milk feta limits the size of the increase. For reference, the Q3 2026 global average of USD 5,825/MT compares with USD 5,586/MT a year earlier, an increase of 4.3%.

Risks to the Q4 outlook lean in both directions, with no clear bias. What could push prices higher? Lower sheep milk output, higher milk prices or strong tourism demand would lift prices. What could pull them lower? Higher milk output, lower milk prices or weaker demand from food service would lower prices.

For the Quarter Ending September 2026

Feta Cheese Prices Q3 2026:

• Bulgaria: USD 4,800/MT
• Denmark: USD 5,500/MT
• Greece: USD 6,100/MT
• United States: USD 6,900/MT

Feta Cheese Prices in Bulgaria

Bulgaria gained 1.5% to USD 4,800/MT in Q3 2026, from USD 4,729/MT in Q2. Bulgarian prices rose as the demand from export buyers improved. In Q3 2025 the average was USD 4,581/MT, so the market is 4.8% higher on a yearly basis. Relative to the four-market average of USD 5,825/MT, Bulgaria traded 17.6% below in Q3 2026.

Why did the price of Feta Cheese change in Q3 2026 in Bulgaria?

Bulgaria rose. Demand from export buyers improved, sheep and goat milk costs increased, and dairies raised prices. Over the first nine months of 2026 the price in Bulgaria has risen by 3.5%, which compares with a 3.2% gain in the global average. Across the four markets the average was 1.3% higher on the quarter.

Feta Cheese Prices in Denmark

In Q3 2026, the average price in Denmark rose 1.3% to USD 5,500/MT, compared with USD 5,429/MT in Q2. Danish prices rose as the demand from retailers improved. This represents a 4.1% increase on the USD 5,282/MT recorded in Q3 2025. This places Denmark 5.6% below the four-market average of USD 5,825/MT for Q3 2026.

Why did the price of Feta Cheese change in Q3 2026 in Denmark?

Denmark rose. Demand from retailers improved, milk costs increased, and dairies raised offers. Since the end of 2025, the price in Denmark has risen 3.1%, from USD 5,333/MT to USD 5,500/MT, while the global average has risen 3.2%. On the global measure the average was 1.3% higher over the quarter. The quarterly change in Denmark was 1.3%.

Feta Cheese Prices in Greece

Greece's average moved up 1.2% in Q3 2026, to USD 6,100/MT from USD 6,028/MT in Q2. Greek prices rose as the demand from retailers and food service improved. The year-on-year change is a 3.8% increase, from USD 5,875/MT in Q3 2025. Against the four-market average of USD 5,825/MT, Greece stood 4.7% above in the quarter.

Why did the price of Feta Cheese change in Q3 2026 in Greece?

Greece rose. Demand from retailers and food service improved, sheep and goat milk costs increased, and dairies raised prices. The cumulative 2026 change for Greece is a 2.8% increase, from USD 5,932/MT to USD 6,100/MT, while the global average shows a 3.2% gain over the same period. For comparison, the global average moved 1.3% higher over the same quarter.

Feta Cheese Prices in United States

Prices in the United States firmed 1.4% in Q3 2026 to USD 6,900/MT, compared with USD 6,805/MT in Q2. American prices rose as the demand from food service and retailers improved. The Q3 2026 average is 4.5% above the USD 6,604/MT recorded in Q3 2025. The United States finished Q3 2026 18.5% above the four-market average of USD 5,825/MT.

Why did the price of Feta Cheese change in Q3 2026 in United States?

The United States rose. Demand from food service and retailers improved, import costs increased, and importers raised prices. At USD 6,900/MT, the United States is 3.2% higher than in Q4 2025, when the average was USD 6,684/MT, and the global average is 3.2% higher over the same period. The global average shifted 1.3% higher in the same quarter.

For the Quarter Ending June 2026

Feta Cheese Prices Q2 2026:

• Bulgaria: USD 4,729/MT
• Denmark: USD 5,429/MT
• Greece: USD 6,028/MT
• United States: USD 6,805/MT

Feta Cheese Prices in Bulgaria

Prices in Bulgaria firmed 1.1% in Q2 2026 to USD 4,729/MT, compared with USD 4,678/MT in Q1. Bulgarian prices rose as the demand from export buyers strengthened. Against the USD 4,492/MT recorded in Q2 2025, the current average represents a 5.3% increase. Bulgaria ended the quarter 17.7% below the group average of USD 5,748/MT.

Why did the price of Feta Cheese change in Q2 2026 in Bulgaria?

Bulgaria rose. Demand from export buyers strengthened, milk costs went up, and dairies lifted prices. Q1 had brought a 0.9% gain, and by the end of Q2 the price was 5.3% above the Q2 2025 average of USD 4,492/MT. The move then extended in Q3, taking the price to USD 4,800/MT. The global average shifted 1.0% higher in the same quarter.

Feta Cheese Prices in Denmark

Denmark recorded a 1.0% gain in Q2 2026, with the average reaching USD 5,429/MT against USD 5,376/MT in Q1. Danish prices rose as the demand from retailers strengthened. The Q2 2025 average of USD 5,200/MT puts the current price 4.4% above its level a year earlier. The price in Denmark was 5.5% below the group average of USD 5,748/MT in Q2 2026.

Why did the price of Feta Cheese change in Q2 2026 in Denmark?

Denmark rose. Demand from retailers strengthened, energy costs went up, and dairies lifted offers. Coming after a 0.8% gain in Q1, the Q2 figure sits 4.4% above the USD 5,200/MT of Q2 2025. The same direction continued in Q3, with the price reaching USD 5,500/MT. Across the four markets the average was 1.0% higher on the quarter.

Feta Cheese Prices in Greece

The Q2 2026 average for Greece stood at USD 6,028/MT, an increase of 0.9% on the USD 5,974/MT recorded in Q1. Greek prices rose as the demand from retailers strengthened. Year on year, the average is 4.2% higher, against USD 5,784/MT in Q2 2025. The gap to the four-market average of USD 5,748/MT was 4.9% above for Greece.

Why did the price of Feta Cheese change in Q2 2026 in Greece?

Greece rose. Demand from retailers strengthened, milk costs went up, and dairies lifted prices. The 0.7% gain in Q1 set the base, and Q2 finished 4.2% above the USD 5,784/MT recorded a year earlier. Q3 added to the change, with the price at USD 6,100/MT. On the global measure the average was 1.0% higher over the quarter.

Feta Cheese Prices in United States

The United States registered a 1.0% increase in Q2 2026, taking the average to USD 6,805/MT from USD 6,737/MT in Q1. American prices rose as the demand from retailers strengthened. The current level is 5.1% above the Q2 2025 average of USD 6,477/MT. Relative to the four-market average of USD 5,748/MT, the United States traded 18.4% above in Q2 2026.

Why did the price of Feta Cheese change in Q2 2026 in United States?

The United States rose. Demand from retailers strengthened, freight costs went up, and importers lifted prices. This followed a 0.8% gain in Q1 and left the United States 5.1% above its Q2 2025 average of USD 6,477/MT. The move then extended in Q3, taking the price to USD 6,900/MT. For comparison, the global average moved 1.0% higher over the same quarter.

Quarterly Feta Cheese Price Trends

Feta Cheese prices rose through 2025 and the first half of 2026 and rose again in the third quarter in all four markets. The global average moved from USD 5,403/MT in Q1 2025 to 5,488 in Q2, 5,586 in Q3 and 5,646 in Q4, then 5,691 in Q1 2026, 5,748 in Q2 and 5,825 in Q3, a net gain of roughly 7.8% across the window. Higher milk costs and steady demand from retailers and food service lifted prices for six quarters.

What was Feta Cheese Price in 2025?

2025 was a year of gradual increases for feta cheese, with prices rising in each quarter in all four markets. Starting near USD 5,403/MT in Q1, the global average finished the year at 5,646 in Q4, a gain of about 4.5%. Higher milk costs and steady demand from retailers and food service supported dairies throughout the year.

Feta Cheese Prices in Bulgaria in 2025

In Bulgaria, prices moved from about USD 4,415/MT in Q1 2025 to USD 4,636/MT by Q4, up roughly 5.0%. Bulgarian prices rose gradually as milk costs and demand from export buyers increased. By Q3 2026 the average for Bulgaria had reached USD 4,800/MT, 3.5% above the Q4 2025 close. The same regional pattern is carried into the quarterly analysis above, where the quarter-by-quarter figures can be traced.

Feta Cheese Prices in Denmark in 2025

In Denmark, prices moved from about USD 5,128/MT in Q1 2025 to USD 5,333/MT by Q4, up roughly 4.0%. Danish prices rose gradually as the energy costs and demand from retailers increased. The latest quarter places Denmark at USD 5,500/MT, which is 3.1% above the level at which 2025 ended. The quarterly sections above show how the annual average developed over the year.

Feta Cheese Prices in Greece in 2025

In Greece, prices moved from about USD 5,704/MT in Q1 2025 to USD 5,932/MT by Q4, up roughly 4.0%. Greek prices rose gradually as milk costs and demand from retailers increased. Since the 2025 close of USD 5,932/MT, the price in Greece has moved up 2.8%, reaching USD 6,100/MT in Q3 2026.

Feta Cheese Prices in United States in 2025

In the United States, prices moved from about USD 6,366/MT in Q1 2025 to USD 6,684/MT by Q4, up roughly 5.0%. American prices rose gradually as the freight costs and demand from retailers increased. At USD 6,900/MT in Q3 2026, the United States stands 3.2% above its Q4 2025 close. The same regional pattern is carried into the quarterly analysis above, where the quarter-by-quarter figures can be traced.

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Expert Market Research: Your Source for Real-Time Feta Cheese Price Intelligence

We keep a continuous eye on feta cheese prices wherever it is produced or consumed at scale, tracing causation through sheep and goat milk prices, tourism, energy costs, freight and demand from retailers and food service. Our forecasts draw on production data, trade flows, input cost trends and demand indicators across all reporting regions, so subscribers see why a price moved and not just that it did. Need pricing data, bespoke market analysis, or procurement advisory? Reach out to our team.