Romania leads the European Veterinary Expenses Real Price Index for Agriculture, with a significant year-on-year increase of 20.96% in 2022. Malta and Lithuania follow, both maintaining positive growth. In contrast, most countries like Germany, Ireland, and Latvia experienced declines, reflecting a broader trend towards reduced veterinary expenses relative to previous years.
Over the last five years, the compound annual growth rate (CAGR) has varied, highlighting substantial increases in some countries while others have seen stagnation or decline. Romania's index growth suggests heightened focus on veterinary healthcare in agriculture, whereas countries like Latvia and Germany showcase a different story with declining indices.
Future trends to monitor include economic shifts impacting agricultural investments, changes in veterinary regulations or guidelines, and technological advancements driving efficiency in veterinary practices. These factors could considerably influence future expenses and the overall index for countries across Europe.
Top countries in Veterinary Expenses Real Price Index for Agriculture by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Romania | 142.92 | 2022 | +49.56% | +20.96% | View data |
| 2 | 2 Malta | 133.63 | 2022 | +3.57% | +4.87% | View data |
| 3 | 3 Lithuania | 119.48 | 2022 | -15.81% | +6.36% | View data |
| 4 | 4 Italy | 109.02 | 2022 | -4.61% | -0.35% | View data |
| 5 | 5 France | 104.28 | 2022 | -1.52% | -0.045% | View data |
| 6 | 6 Bulgaria | 103.71 | 2022 | -1.17% | -0.0032% | View data |
| 7 | 7 Hungary | 102.68 | 2022 | -3.14% | -0.091% | View data |
| 8 | 8 Sweden | 102.19 | 2022 | -5.99% | -1.2% | View data |
| 9 | 9 Ireland | 101.26 | 2022 | -4.92% | -1.42% | View data |
| 10 | 10 Greece | 101.19 | 2022 | -4.31% | +0.46% | View data |
