The European Rice Harmonized Index of Consumer Prices (HICP) varies significantly among countries, with Hungary recording the highest value at 16.231, followed closely by Latvia. Over recent years, Hungary and Latvia have shown significant increases with year-over-year variations of 14.74% and 14.31%, respectively. Notable increases are also observed in Montenegro and Lithuania. In contrast, less fluctuation is seen in countries like Switzerland and Ireland. Past trends indicate steady growth in several Eastern European countries, driven by regional economic dynamics.
Future trends to watch for include potential impacts of climatic changes on rice production, alterations in supply chain logistics due to geopolitical tensions, and evolving consumer preferences towards more localized products. Economic policies across Europe regarding agriculture and import tariffs may also play a critical role in shaping the European Rice HICP landscape moving forward.
Top countries in Rice HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 162.31 | 2022 | +31.54% | +14.74% | View data |
| 2 | 2 Latvia | 162.11 | 2022 | +32.26% | +14.31% | View data |
| 3 | 3 Montenegro | 154.02 | 2022 | +28.47% | +14.68% | View data |
| 4 | 4 Lithuania | 146.61 | 2022 | +19.71% | +7.87% | View data |
| 5 | 5 Poland | 144.9 | 2022 | +19.16% | +10.43% | View data |
| 6 | 6 Serbia | 144.3 | 2022 | +23.97% | View data | |
| 7 | 7 Slovakia | 137.35 | 2022 | +21.24% | View data | |
| 8 | 8 Bulgaria | 134.25 | 2022 | +14.85% | +6.92% | View data |
| 9 | 9 Romania | 133.42 | 2022 | +14.24% | View data | |
| 10 | 10 Norway | 132.9 | 2022 | +6.58% | View data |
