The European Phosphatic Fertilizers Real Price Index for Agriculture presents varied changes in 2024 across countries. Latvia has the highest index, indicating the smallest year-on-year decrease, while the Czech Republic faces the most significant decline. Countries like Slovakia and Hungary also show notable reductions, suggesting regional price sensitivity.
Year-on-year, most countries experience a drop, reflecting broader market conditions. Over five years, the trend illustrates gradual decline, with specific impacts per country based on agriculture policies and dependency on phosphatic fertilizers.
Future trends to watch include potential stabilization due to sustainable agricultural practices and changing EU agricultural policies aiming to reduce dependency on fertilizers. Monitoring geopolitical shifts and environmental legislation impacts will be crucial for anticipating further price index movements.
Top countries in Phosphatic Fertilizers Real Price Index for Agriculture by Country
| # | 10 Countries | Percent, Change on Previous Period | Last Year | |
|---|---|---|---|---|
| 1 | 1 Latvia | 93.67 | 2022 | View data |
| 2 | 2 Slovakia | 77.68 | 2022 | View data |
| 3 | 3 Hungary | 64.81 | 2022 | View data |
| 4 | 4 France | 63.17 | 2022 | View data |
| 5 | 5 Austria | 61.01 | 2022 | View data |
| 6 | 6 Bulgaria | 60.02 | 2022 | View data |
| 7 | 7 Denmark | 56.37 | 2022 | View data |
| 8 | 8 Romania | 55.21 | 2022 | View data |
| 9 | 9 Italy | 47.06 | 2022 | View data |
| 10 | 10 Poland | 45.83 | 2022 | View data |
