In 2023, Hungary leads with the highest Harmonised Index of Consumer Prices (HICP) for cereal products, followed closely by Bulgaria and Kosovo. The past year has seen significant increases, notably in Hungary at 11.49% and Bulgaria at 9.67%, while other countries such as France and Switzerland have seen minor hikes.
Future trends to watch in European cereal products' HICP include potential impacts of climatic changes on cereal production costs, Brexit's long-term effects on trade, and any policy shifts from major agricultural producers. Monitoring these factors will be essential for anticipating market shifts in the coming years.
Top countries in Cereal Products HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 178.32 | 2022 | +39.47% | +11.49% | View data |
| 2 | 2 Bulgaria | 160.65 | 2022 | +25.03% | +9.67% | View data |
| 3 | 3 Kosovo | 149.6 | 2022 | +25.22% | View data | |
| 4 | 4 Romania | 146.26 | 2022 | +21.47% | +7.77% | View data |
| 5 | 5 Latvia | 146.14 | 2022 | +25.87% | +7.37% | View data |
| 6 | 6 Poland | 145.9 | 2022 | +17.66% | +7.32% | View data |
| 7 | 7 Lithuania | 143.94 | 2022 | +28.01% | +7.14% | View data |
| 8 | 8 Montenegro | 140.56 | 2022 | +31.92% | +10.92% | View data |
| 9 | 9 Czech Republic | 138.4 | 2022 | +21.72% | +5.68% | View data |
| 10 | 10 Macedonia | 138.36 | 2022 | +30.76% | +7.22% | View data |