In 2023, the rice producer prices in Europe show a wide range, with Italy leading at 57.08 euros per hundred kilograms, followed by Spain and Portugal at 47.26 and 44.67 euros respectively. Hungary, Bulgaria, and Greece reflect lower prices, with Greece at the bottom at 30.62 euros. The variation from 2022 indicates a positive growth in rice prices for Bulgaria, Italy, Spain, and Portugal, whereas Hungary experienced a decrease of 6.76%. The compound annual growth rate over the last five years suggests a fluctuating market with potential growth due to regional demands and agricultural yield differences.
Future trends to watch include:
- Impact of climate change on rice yields and consequent price shifts.
- Potential policy changes in European agricultural subsidies affecting producer prices.
- Technological advancements in farming that could alter production costs.
- Market demand shifts influenced by dietary changes or export opportunities.
Top countries in Rice Producer Price by Country
| # | 6 Countries | Euros Per Hundred Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 57.08 | 2022 | +39.22% | +10.55% | View data |
| 2 | 2 Spain | 47.26 | 2022 | +24.76% | +10.25% | View data |
| 3 | 3 Portugal | 44.67 | 2022 | +25.87% | +10.07% | View data |
| 4 | 4 Hungary | 43.4 | 2022 | View data | ||
| 5 | 5 Bulgaria | 41.67 | 2022 | +21.59% | +11.64% | View data |
| 6 | 6 Greece | 30.62 | 2022 | +16.38% | +6.86% | View data |
