The European Lubricants Real Price Index for Agriculture shows substantial variation by country, with Lithuania and Hungary experiencing the highest values. Over the past year, both countries have seen significant price increases, at 19.78% and 22.28%, respectively. Slovakia, Netherlands, and Romania also reported notable increments, indicating regional market pressures. Conversely, Greece, Slovenia, and Ireland saw declines, highlighting varying economic conditions and demand landscapes across Europe. Over a five-year span, the price index CAGR provides a measure of consistent growth but varies significantly by country.
Looking ahead, key trends to monitor include economic recovery dynamics post-pandemic, supply chain stability, and green initiatives affecting lubricant formulations. Additionally, the role of technological advancements and the shift towards sustainable agriculture could influence lubricant demands and pricing landscapes across Europe.
Top countries in Lubricants Real Price Index for Agriculture by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 191.52 | 2022 | +97.38% | +19.78% | View data |
| 2 | 2 Hungary | 183.72 | 2022 | +48.38% | +22.28% | View data |
| 3 | 3 Slovakia | 161.66 | 2022 | +23.93% | +10.47% | View data |
| 4 | 4 Netherlands | 152.3 | 2022 | +33.36% | +12.18% | View data |
| 5 | 5 Romania | 138.11 | 2022 | +29.29% | +10.85% | View data |
| 6 | 6 Belgium | 123 | 2022 | +17.99% | +5.42% | View data |
| 7 | 7 Italy | 116.64 | 2022 | +6.59% | +2.34% | View data |
| 8 | 8 Cyprus | 109.87 | 2022 | +5.51% | +1.34% | View data |
| 9 | 9 Spain | 101.62 | 2022 | +4.49% | +2.22% | View data |
| 10 | 10 Ireland | 101.51 | 2022 | -3.65% | -0.8% | View data |
