The 2023 European Silage Real Price Index shows notable variations among countries, with Sweden leading at 14.615, Austria at 11.927, Denmark at 10.515, Finland at 9.306, and Latvia at 7.546 when benchmarked against 2015. In 2022, Austria experienced a significant year-on-year growth of 9.23%, contrasting Sweden’s 8.06% decline. Denmark held steady with a minor dip of 0.5%, while Finland and Latvia saw decreases of 5.61% and 4.9%, respectively. The five-year CAGR provides insights into long-term trends.
Looking forward, the European Silage Real Price Index may be influenced by factors such as changes in agricultural policy, advances in farming technology, and climate impacts affecting crop yields. Monitoring these elements will help anticipate future price movements.
Top countries in Silage Real Price Index by Country
| # | 5 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 146.15 | 2022 | -1.7% | -8.06% | View data |
| 2 | 2 Austria | 119.27 | 2022 | +23.2% | +9.23% | View data |
| 3 | 3 Denmark | 105.15 | 2022 | -2.23% | -0.5% | View data |
| 4 | 4 Finland | 93.06 | 2022 | +3.49% | -5.61% | View data |
| 5 | 5 Latvia | 75.46 | 2022 | -10.2% | -4.9% | View data |
