The 2023 European Seeds Price Index reveals Hungary leading with the highest index, followed by Romania and Bulgaria. Declines were observed in nations like the Netherlands, Spain, and France, while Croatia witnessed a significant drop. Noteworthy growth rates in 2022 included Hungary's nearly 20% increase and Luxembourg and Latvia's around 8% rise. Conversely, Croatia suffered a dramatic downturn exceeding 25%. Over the past five years, countries like Hungary and Denmark maintained noticeable growth, while Spain and France experienced consistent declines due to adverse market conditions.
Future trends to watch include:
- Potential market stabilization in countries with recent declines.
- Emerging technologies influencing seed production efficiency.
- Climate change impact, potentially altering supply chains and pricing.
- Regulatory shifts and trade agreements impacting cross-border seed markets in Europe.
Top countries in Seeds Price Index by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 154.22 | 2022 | +37.59% | +19.86% | View data |
| 2 | 2 Romania | 149.82 | 2022 | +19.06% | +1.15% | View data |
| 3 | 3 Bulgaria | 145.85 | 2022 | +35.85% | +1.99% | View data |
| 4 | 4 Netherlands | 134.9 | 2022 | +3.06% | -0.22% | View data |
| 5 | 5 Denmark | 128.74 | 2022 | +6.63% | +5.26% | View data |
| 6 | 6 Luxembourg | 121.49 | 2022 | +17.89% | +7.6% | View data |
| 7 | 7 Latvia | 121.22 | 2022 | +34.52% | +8.82% | View data |
| 8 | 8 Estonia | 114.05 | 2022 | +6.3% | +3.69% | View data |
| 9 | 9 Austria | 112.3 | 2022 | +8.71% | +3.02% | View data |
| 10 | 10 Greece | 107.43 | 2022 | 0% | +0.24% | View data |
