The European PK Fertilizers Price Index for Agriculture varies significantly across countries. Lithuania shows a notably high index at 257.08, suggesting significant cost pressure on its agricultural sector. Countries like Ireland, Luxembourg, and Hungary have moderate indices, while Portugal registers the lowest index, indicating more stable pricing in its market. The data from 2023 to 2024, representing forecasted figures, shows mostly nil changes, hinting at stable pricing with minor fluctuations across the majority of European countries. This stability could be due to a number of factors, such as advancements in production efficiency or a balanced supply-demand scenario.
Future trends to monitor include:
- Potential shifts in global fertilizer supply chains due to geopolitical changes.
- Increased adoption of sustainable and organic farming practices impacting demand.
- Technological innovations enhancing fertilizer efficiency and application.
- Environmental policies and their influence on fertilizer production and pricing.
Top countries in PK Fertilizers Price Index for Agriculture by Country
| # | 10 Countries | Percent, Change on Previous Period | Last Year | |
|---|---|---|---|---|
| 1 | 1 Lithuania | 257.08 | 2022 | View data |
| 2 | 2 Ireland | 104.54 | 2022 | View data |
| 3 | 3 Luxembourg | 91.11 | 2022 | View data |
| 4 | 4 Hungary | 86.72 | 2022 | View data |
| 5 | 5 Slovenia | 84.29 | 2022 | View data |
| 6 | 6 Denmark | 82.02 | 2022 | View data |
| 7 | 7 Belgium | 77.59 | 2022 | View data |
| 8 | 8 Netherlands | 75.49 | 2022 | View data |
| 9 | 9 France | 72.54 | 2022 | View data |
| 10 | 10 Sweden | 71.5 | 2022 | View data |
