The European Pesticides Price Index for Agriculture shows notable variation across countries, with Latvia and Sweden leading with the highest indices, indicating potential price pressures or increased cost factors. Conversely, Luxembourg and Denmark present the lowest indices, suggesting more stable or competitive pricing environments. The forecasted data for 2024 highlights moderate variations, maintaining trends seen over recent years. The compound annual growth rate (CAGR) suggests a low average annual change, pointing towards a relatively stable pesticide price environment over the past five years.
Future trends to watch for include:
- Impact of environmental regulations potentially influencing pesticide prices.
- Technological advancements and innovations in agriculture impacting pesticide demand and pricing.
- Economic factors such as inflation and exchange rates affecting input costs.
- Shifts in agricultural practices towards more sustainable or organic methods reducing pesticide use.
Top countries in Pesticides Price Index for Agriculture by Country
| # | 10 Countries | Percent, Change on Previous Period | Last Year | |
|---|---|---|---|---|
| 1 | 1 Latvia | 50.15 | 2022 | View data |
| 2 | 2 Sweden | 48.64 | 2022 | View data |
| 3 | 3 Portugal | 32.93 | 2022 | View data |
| 4 | 4 Bulgaria | 31.67 | 2022 | View data |
| 5 | 5 Hungary | 21.98 | 2022 | View data |
| 6 | 6 Lithuania | 21.06 | 2022 | View data |
| 7 | 7 Ireland | 20.1 | 2022 | View data |
| 8 | 8 Spain | 19.65 | 2022 | View data |
| 9 | 9 Slovakia | 18.78 | 2022 | View data |
| 10 | 10 Malta | 14.59 | 2022 | View data |
