In 2024, Hungary exhibits the highest forecasted Cereals Price Index in Europe, followed closely by Finland and Cyprus, indicating significant variability in cereal prices across the continent. Western European countries like the Netherlands and Belgium show relatively lower indices, reflecting cheaper cereal prices. The overall data highlights disparities among European nations, with Eastern Europe having higher indices compared to Western regions. Year-on-year variation and the five-year CAGR suggest stability in pricing trends, pointing to minimal changes in cereal index values.
Future trends to watch include:
- Impact of geopolitical climates such as trade agreements or conflicts.
- Effects of climate change on cereal production, possibly triggering price volatility.
- Technological advancements enhancing agricultural productivity and affecting cereal supply chains.
- Potential market disruptions due to shifts in consumer preferences or policy changes in agriculture sectors.
Top countries in Cereals Price Index by Country
| # | 10 Countries | Percent, Change on Previous Period | Last Year | |
|---|---|---|---|---|
| 1 | 1 Hungary | 70.89 | 2022 | View data |
| 2 | 2 Finland | 69.98 | 2022 | View data |
| 3 | 3 Cyprus | 64.89 | 2022 | View data |
| 4 | 4 Sweden | 59.3 | 2022 | View data |
| 5 | 5 Slovakia | 57.22 | 2022 | View data |
| 6 | 6 Croatia | 55.57 | 2022 | View data |
| 7 | 7 Slovenia | 54.76 | 2022 | View data |
| 8 | 8 Lithuania | 54.2 | 2022 | View data |
| 9 | 9 Poland | 53.7 | 2022 | View data |
| 10 | 10 Estonia | 50.5 | 2022 | View data |