The Harmonized Index of Consumer Prices (HICP) for vegetables in Europe shows varied trends by country. As of 2023, Albania and Hungary had the highest HICP values at around 19, while Switzerland and Ireland recorded relatively lower values at approximately 9.8 and 9.7, respectively. Year-on-year analyses reveal significant increases in countries like Hungary, Lithuania, and Montenegro, each exhibiting double-digit percentage growth. Conversely, Switzerland and Ireland experienced slight declines in their HICP values. Over the past five years, the average annual growth rates have highlighted a persistent upward trend across most European countries, with some variations.
In the coming years, several factors could influence the European vegetables HICP. Among these are changes in climate patterns affecting agricultural output, trade policies impacting vegetable import and export dynamics, and evolving consumer preferences towards organic and locally sourced produce. Additionally, the integration of technology in farming to boost efficiency and reduce costs may alter pricing trends across the region.
Top countries in Vegetables HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Albania | 195.86 | 2022 | +12.53% | View data | |
| 2 | 2 Hungary | 194.1 | 2022 | +22.57% | +11.85% | View data |
| 3 | 3 Lithuania | 169.29 | 2022 | +31.33% | +11.24% | View data |
| 4 | 4 Estonia | 163.06 | 2022 | +21.7% | +9.18% | View data |
| 5 | 5 Serbia | 161.5 | 2022 | +20.7% | +9.43% | View data |
| 6 | 6 Romania | 156.64 | 2022 | +20.17% | +8.6% | View data |
| 7 | 7 Montenegro | 156.26 | 2022 | +28.96% | +10.32% | View data |
| 8 | 8 Bulgaria | 150.62 | 2022 | +21.68% | +7.03% | View data |
| 9 | 9 Poland | 149.4 | 2022 | +11.16% | +7.27% | View data |
| 10 | 10 Latvia | 147.81 | 2022 | +17.33% | +5.78% | View data |
