The European Animal Feedingstuffs Real Price Index shows significant variation across countries. In 2023, Romania and Hungary topped the list with index values of 15.721 and 14.437, respectively. The smallest values were in Lithuania and the Czech Republic, indicating broader cost disparities. Recent trends reveal sharp increases in Romania and Hungary, with over 14% year-on-year rises by 2022. Countries like Poland and Czech Republic showed moderate growth, less than 6%. The five-year CAGR shows consistent rises driven by factors like inflation and demand changes.
Future trends indicate potential volatility due to geopolitical factors, climate change impacts on crop yields, and evolving agricultural policies. A closer watch on technological advancements in feed production and economic shifts will provide insights into managing costs effectively. Attention should also be given to how countries balance feed costs with sustainability goals in a dynamic market landscape.
Top countries in Animal Feedingstuffs Real Price Index for Agriculture by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Romania | 157.21 | 2022 | +23.51% | +17.17% | View data |
| 2 | 2 Hungary | 144.37 | 2022 | +27.21% | +14.74% | View data |
| 3 | 3 Portugal | 138.35 | 2022 | +25.07% | +14.39% | View data |
| 4 | 4 Ireland | 138.13 | 2022 | +19.76% | +8.38% | View data |
| 5 | 5 Belgium | 136.81 | 2022 | +20.22% | +11.9% | View data |
| 6 | 6 Sweden | 136.2 | 2022 | +26.15% | +8.6% | View data |
| 7 | 7 Finland | 135.79 | 2022 | +29.89% | +9.75% | View data |
| 8 | 8 Germany | 134.54 | 2022 | +27.09% | +12.61% | View data |
| 9 | 9 Croatia | 133.36 | 2022 | +18.31% | +14.03% | View data |
| 10 | 10 Slovenia | 132.88 | 2022 | +20.42% | +10.43% | View data |
