The European Industrial Crops Price Index in 2023 saw Hungary leading with 23.592, while Cyprus had the lowest at 13.131. Significant year-on-year increases were observed in Hungary (35.29%), Romania (26.98%), and the Netherlands (30.51%). Conversely, countries like Slovenia and Cyprus experienced marginal growth. Over the last five years, the compound annual growth rate highlighted sustained upward trends across most nations, reflecting a resilient index performance within the European industrial crop markets.
Future trends may include:
- Potential impacts of climate change on crop yields and prices.
- Shifts in European agricultural policies affecting crop markets.
- Technological advancements in agriculture possibly influencing productivity and pricing.
- Global economic factors and their cascading effects on European crop prices.
Top countries in Industrial Crops Price Index by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 235.92 | 2022 | +52.45% | +35.29% | View data |
| 2 | 2 Romania | 190.41 | 2022 | +41.37% | +26.98% | View data |
| 3 | 3 Portugal | 189.29 | 2022 | +42.58% | +22.17% | View data |
| 4 | 4 Lithuania | 182.38 | 2022 | +36.52% | +19.42% | View data |
| 5 | 5 Estonia | 181.26 | 2022 | +20.01% | +19.78% | View data |
| 6 | 6 Sweden | 179.94 | 2022 | +13.85% | +14.25% | View data |
| 7 | 7 Poland | 179.5 | 2022 | +38.82% | +21.28% | View data |
| 8 | 8 Luxembourg | 178.32 | 2022 | +26.63% | +20.69% | View data |
| 9 | 9 Netherlands | 175.4 | 2022 | +117.08% | +30.51% | View data |
| 10 | 10 Latvia | 173.63 | 2022 | +17.43% | +15.7% | View data |
