In 2023, Romania leads the European Sheep and Goats Price Index with a value of 17.827, showing a remarkable increase of 26.09% from the previous year. Hungary and Sweden follow closely, demonstrating robust year-on-year increases of 16.31% and 14.94%, respectively. The index reflects strong growth in most countries, with Lithuania, Germany, and Poland also showing significant annual increases. Malta and Cyprus remain on the lower end, with Malta showing no growth. The five-year CAGR highlights consistent upward trends, with Eastern and Northern Europe showing particular resilience.
Future trends to watch include potential market stabilization in higher index countries and possible growth acceleration in Southern European countries as they adapt to market conditions. The impact of climate change and policy changes such as subsidies may influence future price dynamics significantly.
Top countries in Sheep and Goats Price Index by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Romania | 178.27 | 2022 | +24.11% | +26.09% | View data |
| 2 | 2 Hungary | 173.27 | 2022 | +12.75% | +16.31% | View data |
| 3 | 3 Sweden | 169.21 | 2022 | +15.01% | +14.94% | View data |
| 4 | 4 Lithuania | 157.49 | 2022 | +19.64% | +13.48% | View data |
| 5 | 5 Germany | 148 | 2022 | +7.09% | +14.97% | View data |
| 6 | 6 Portugal | 145.92 | 2022 | +13.67% | +8.23% | View data |
| 7 | 7 Latvia | 143.38 | 2022 | +20.36% | +13.07% | View data |
| 8 | 8 Poland | 139.22 | 2022 | +13.7% | +15.72% | View data |
| 9 | 9 Finland | 137.93 | 2022 | +19.38% | +9.46% | View data |
| 10 | 10 Denmark | 137.75 | 2022 | +12.11% | +12.3% | View data |
