European Fertilisers and Soil Improvers Real Price Index for Agriculture by Country

In 2024, Portugal leads the European Fertilisers and Soil Improvers Real Price Index with significant growth, followed by Sweden and Hungary. Most countries experienced substantial year-on-year increases in 2023, with countries like Hungary and Luxembourg showing the highest variations. The compound annual growth rate (CAGR) over five years indicates a consistent upward trend, especially in Eastern and Northern European countries. A notable increase was seen across most nations, highlighting a growing demand and potentially supply constraints in the agricultural sector.

Future trends to watch include potential shifts in agricultural policies, the impact of environmental regulations, and innovations in sustainable agricultural practices. Monitoring geopolitical tensions affecting raw materials and energy prices will also be crucial, as these factors can influence production costs throughout Europe.