In 2023, Kosovo and Montenegro led the European Edible Oils HICP with respective values of 19.133 and 18.905, followed closely by Bulgaria and Lithuania. Germany and Hungary also showed significant indices, reflective of regional variances. Analyzing the variations from 2022, Montenegro experienced a massive increase of 21.43%, while Bulgaria, Macedonia, and Romania also saw double-digit hikes. Smaller but notable rises were noted in countries like Germany, the Czech Republic, and Sweden. Conversely, countries such as Albania and Switzerland saw much smaller yoy changes.
Moving forward, several key trends are anticipated in European Edible Oils HICP:
- Market volatility could continue due to economic uncertainties and supply chain disruptions.- Policy changes related to agricultural subsidies and trade regulations may impact prices.- Increased focus on sustainability might drive demand and influence product value.- Technological advancements in production could affect the competitiveness and cost profiles across regions.
Top countries in Edible Oils HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Kosovo | 191.33 | 2022 | +44.45% | View data | |
| 2 | 2 Montenegro | 189.05 | 2022 | +31.73% | +21.43% | View data |
| 3 | 3 Bulgaria | 185.79 | 2022 | +37.97% | +11.57% | View data |
| 4 | 4 Lithuania | 182.59 | 2022 | +35.6% | +9.55% | View data |
| 5 | 5 Germany | 174.8 | 2022 | +36.24% | +7.16% | View data |
| 6 | 6 Macedonia | 172.51 | 2022 | +35.69% | +11.95% | View data |
| 7 | 7 Hungary | 171.43 | 2022 | +30.08% | +10.2% | View data |
| 8 | 8 Czech Republic | 170.9 | 2022 | +38.16% | +8.96% | View data |
| 9 | 9 Latvia | 168.68 | 2022 | +30.36% | +7.5% | View data |
| 10 | 10 Romania | 167.35 | 2022 | +35.24% | +10.89% | View data |
