In 2023, Luxembourg led the European heifers producer price at 284.04 euros per hundred kilograms, followed by Germany and Spain. Countries like Portugal and Cyprus also showed competitive prices, indicating a prosperous market in Western Europe. Year-over-year, Germany and Austria saw notable increases in prices by 5.41% and 5.32% respectively, whereas Lithuania and Latvia demonstrated significant growth in the Baltic region. The compounded annual growth rate (CAGR) over the past five years points to robust upward trends, especially in Slovenia, Latvia, and Lithuania.
Looking ahead, factors such as shifts in agricultural policies, climate changes, and consumer demand trends are vital to monitoring as they could significantly influence the future pricing of heifers across various European countries. Economic recovery post-pandemic and supply chain adjustments could also play central roles.
Top countries in Heifers Producer Price by Country
| # | 10 Countries | Euros Per Hundred Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Luxembourg | 284.04 | 2022 | +27.37% | +4.96% | View data |
| 2 | 2 Germany | 259.05 | 2022 | +31.44% | +5.41% | View data |
| 3 | 3 Spain | 258.84 | 2022 | +22.72% | +3.76% | View data |
| 4 | 4 Portugal | 250.53 | 2022 | +22.04% | +3.98% | View data |
| 5 | 5 Cyprus | 249.3 | 2022 | +4.72% | +3.39% | View data |
| 6 | 6 Ireland | 249.16 | 2022 | +12.9% | +3.29% | View data |
| 7 | 7 Austria | 244.34 | 2022 | +21.8% | +5.32% | View data |
| 8 | 8 Belgium | 237.01 | 2022 | +2.1% | +2.19% | View data |
| 9 | 9 Slovenia | 233.89 | 2022 | +23.89% | +6.32% | View data |
| 10 | 10 Denmark | 226.94 | 2022 | +44.18% | +8.33% | View data |
