The European Electricity Price Index for Agriculture reveals considerable disparities across countries in 2024. Lithuania and Italy exhibit the highest indices at 112.09 and 110.43, respectively, indicating significant electricity cost pressures. Conversely, Luxembourg and Bulgaria have the lowest indices, signifying more affordability in these countries. Over the past two years, most nations experienced fluctuations with a general upward trend in electricity costs for agriculture. However, some countries like Finland, Slovenia, and Germany maintain relatively low values, suggesting better energy cost management in agriculture.
Future trends to monitor include geopolitical events impacting energy markets, the adoption of renewable energy sources, and policy changes affecting electricity pricing. Further, advancements in energy efficiency technologies in agriculture could mitigate cost pressures, potentially altering the index standings in the coming years.
Top countries in Electricity Price Index for Agriculture by Country
| # | 10 Countries | Percent, Change on Previous Period | Last Year | |
|---|---|---|---|---|
| 1 | 1 Lithuania | 112.09 | 2022 | View data |
| 2 | 2 Italy | 110.43 | 2022 | View data |
| 3 | 3 Latvia | 110.05 | 2022 | View data |
| 4 | 4 Hungary | 100.82 | 2022 | View data |
| 5 | 5 Denmark | 99.7 | 2022 | View data |
| 6 | 6 Slovakia | 98.63 | 2022 | View data |
| 7 | 7 Estonia | 97.84 | 2022 | View data |
| 8 | 8 Greece | 90.13 | 2022 | View data |
| 9 | 9 Netherlands | 79.45 | 2022 | View data |
| 10 | 10 Czech Republic | 61.95 | 2022 | View data |
