The European Herbicides Real Price Index indicates varied real price levels across countries, with Cyprus (19.851) and Malta (16.639) topping the index while Luxembourg (7.678) and Austria (7.764) record the lowest. Year-on-year changes from 2022 show significant increases in countries like Malta (20.65%) and Cyprus (12.98%), whereas some countries experience depreciation, notably the Netherlands (-4.85%) and Estonia (-5.73%). Over five years, varying CAGR suggests differing long-term trends, with Western countries generally experiencing stable to declining trends, while some Eastern regions observe modest increases.
Future trends indicate potential stabilization or continued decrease in Western European countries due to advanced agricultural practices and stricter regulations. Eastern European countries might experience price adjustments due to economic shifts and evolving agricultural needs. Watching regulatory changes and technological advancements will be essential for forecasting herbicide pricing dynamics in Europe.
Top countries in Herbicides Real Price Index for Agriculture by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Cyprus | 198.51 | 2022 | +24.49% | +12.98% | View data |
| 2 | 2 Malta | 166.39 | 2022 | +78.24% | +20.65% | View data |
| 3 | 3 Portugal | 145.19 | 2022 | +45.29% | +12.93% | View data |
| 4 | 4 Sweden | 144.3 | 2022 | +51.13% | +12.42% | View data |
| 5 | 5 Lithuania | 141.65 | 2022 | +10.34% | +9.61% | View data |
| 6 | 6 Ireland | 120.29 | 2022 | +18.86% | +5.71% | View data |
| 7 | 7 Spain | 118.02 | 2022 | +17.51% | +6.73% | View data |
| 8 | 8 Romania | 111.96 | 2022 | -16.94% | +0.69% | View data |
| 9 | 9 Germany | 110.61 | 2022 | +10.1% | +3.65% | View data |
| 10 | 10 Italy | 109.89 | 2022 | +3.95% | +1.08% | View data |
