The European Rice Price Index shows variability across countries as of 2024. Hungary leads with a high index value of 21.789, followed by Spain at 17.128 and Italy at 15.44. Portugal and Greece reported 14.826 and 13.309 respectively, while Bulgaria has the lowest index with 12.904. Analysis of historical data demonstrates significant volatility, with Hungary's price rising sharply by 27.33% in 2022. Other nations like Italy also saw substantial increases. Over the last five years, the compound annual growth rate indicates moderate trends, with yearly price fluctuations influenced by regional market dynamics.
Looking forward, potential factors affecting the European Rice Price Index include climate changes impacting production, shifts in EU agricultural policies, and international trade deals. Monitoring these elements will be crucial for understanding future pricing trends across the region.
Top countries in Rice Price Index by Country
| # | 6 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 217.89 | 2022 | +90.58% | +27.33% | View data |
| 2 | 2 Spain | 171.28 | 2022 | +24.77% | +15.7% | View data |
| 3 | 3 Italy | 154.4 | 2022 | +76.86% | +21.97% | View data |
| 4 | 4 Portugal | 148.26 | 2022 | +25.87% | +10.29% | View data |
| 5 | 5 Greece | 133.09 | 2022 | +16.15% | +7.52% | View data |
| 6 | 6 Bulgaria | 129.04 | 2022 | +33.8% | +15.72% | View data |
