In 2024, Hungary leads the European countries in Frozen Vegetables HICP with a value of 13.822 (in thousands, 2015=100), trailed closely by Poland at 13.75 and Lithuania at 13.651. Notably, the HICP for frozen vegetables in most countries shows minimal year-on-year variation, indicating some stability in the frozen vegetables market. However, Hungary experienced a significant 9.88% increase, Poland 7.62%, and Lithuania 4.9% over the last year. The five-year CAGR suggests that some countries like Hungary are experiencing faster-than-average growth in frozen vegetable prices, highlighting regional disparities.
Future trends to watch for include potential increases in HICP across the broader region due to inflationary pressures, shifting consumer demand post-COVID, and changes in agricultural policies or climate conditions affecting crop yields in Europe.
- Hungary: 9.88% YoY increase, leading the pack in HICP.
- Poland: 7.62% YoY increase.
- Lithuania: 4.9% YoY increase.
- Regions with no YoY increase: Serbia, Norway, Romania, Croatia, Slovakia, Estonia, Malta, Albania, Iceland, Spain, France, Kosovo, Finland, Cyprus, Ireland.
Top countries in Frozen Vegetables HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 138.22 | 2022 | +17.59% | +9.88% | View data |
| 2 | 2 Poland | 137.5 | 2022 | +11.34% | +7.62% | View data |
| 3 | 3 Lithuania | 136.51 | 2022 | +16.75% | +4.9% | View data |
| 4 | 4 Serbia | 134.1 | 2022 | +10.73% | View data | |
| 5 | 5 Norway | 132.3 | 2022 | +4.58% | View data | |
| 6 | 6 Bulgaria | 130.49 | 2022 | +16.68% | +5.43% | View data |
| 7 | 7 Romania | 127.67 | 2022 | +11.45% | View data | |
| 8 | 8 Croatia | 124.58 | 2022 | +20.54% | View data | |
| 9 | 9 Latvia | 124.48 | 2022 | +9.8% | +4.53% | View data |
| 10 | 10 Slovakia | 123.8 | 2022 | +13.58% | View data |
