The European Tractors Real Price Index for Agriculture indicates varied pricing trends across EU countries. Cyprus and Romania have seen the highest increases with Cyprus showing a substantial year-on-year variation of 27.23% in 2022. While most countries maintained moderate growth or slight declines, considerable decreases were noted in Croatia and the Czech Republic with changes of -3.78% and -3.48%, respectively. Estonia and Bulgaria also saw declines in price index. On a 5-year horizon, the average compound annual growth rates suggest stable yet diverse pricing dynamics across different regions.
Future trends may include a varying trajectory influenced by regional agricultural production changes, input costs, and technological advancements in tractor manufacturing. Watching for policy changes in agricultural subsidies and international trade agreements will be crucial to understanding future pricing trends.
Top countries in Tractors Real Price Index for Agriculture by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Cyprus | 203.88 | 2022 | +67.54% | +27.23% | View data |
| 2 | 2 Romania | 197.71 | 2022 | +26.81% | +15.8% | View data |
| 3 | 3 Malta | 126 | 2022 | -1.5% | +2.59% | View data |
| 4 | 4 Sweden | 120.96 | 2022 | +1.17% | +2.47% | View data |
| 5 | 5 Ireland | 112.9 | 2022 | +3.53% | +2.39% | View data |
| 6 | 6 Spain | 111.2 | 2022 | -3.78% | +1.52% | View data |
| 7 | 7 Finland | 110.84 | 2022 | +1.77% | +1.7% | View data |
| 8 | 8 Belgium | 110.22 | 2022 | +9.39% | +2.44% | View data |
| 9 | 9 Hungary | 109.68 | 2022 | -4.42% | +1.89% | View data |
| 10 | 10 France | 108.27 | 2022 | -0.72% | +0.69% | View data |
