The European NP Fertilizers Price Index for Agriculture indicates notable price variations in 2023, with Lithuania leading at 34.724, followed by Portugal and Hungary. In 2022, significant year-on-year price increases were observed, with Lithuania experiencing a 45.92% rise and Hungary 44.74%. Countries like Sweden and the Netherlands also saw substantial increases over 35%. On the contrary, Greece and Cyprus had relatively lower growth, highlighting regional disparities in price trends.
Future trends to watch include:
- Potential further price fluctuations influenced by energy costs and global supply chain dynamics.
- The impact of environmental regulations and sustainable agriculture initiatives.
- Technological advancements in fertilizer production that could affect pricing.
Top countries in NP Fertilizers Price Index for Agriculture by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 347.24 | 2022 | +246.13% | +45.92% | View data |
| 2 | 2 Portugal | 277.82 | 2022 | +73.27% | +33.94% | View data |
| 3 | 3 Hungary | 272.9 | 2022 | +131.08% | +44.74% | View data |
| 4 | 4 Sweden | 248.6 | 2022 | +90.35% | +36.66% | View data |
| 5 | 5 Netherlands | 246.5 | 2022 | +104.23% | +43% | View data |
| 6 | 6 Romania | 244.17 | 2022 | +74.18% | +26.61% | View data |
| 7 | 7 Belgium | 242.04 | 2022 | +91.9% | +39.96% | View data |
| 8 | 8 Bulgaria | 225.6 | 2022 | +84.46% | +33.14% | View data |
| 9 | 9 Luxembourg | 205.4 | 2022 | +79.11% | +33.85% | View data |
| 10 | 10 Austria | 195.4 | 2022 | +90.63% | +30.51% | View data |
