The European Compound Fertilizers Real Price Index for Agriculture shows significant variability across countries. In 2023, Sweden leads with the highest index value, reflecting a major price increase, while Estonia has the lowest index, indicating more stable prices. Year-on-year variations highlight sharp increases, especially in Sweden, Lithuania, and Hungary, surpassing 30%. Over the last five years, the compound annual growth rate (CAGR) suggests a robust upward trend, with notable growth in Scandinavian and Baltic regions.
Future trends to watch include:
- Potential price stabilization as countries adjust to market dynamics.
- Impact of environmental policies on fertilizer prices.
- Technological innovations in fertilizer production and usage.
- Economic conditions influencing agricultural demand and supply chains.
Top countries in Compound Fertilizers Real Price Index for Agriculture by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 221.4 | 2022 | +84.9% | +32.1% | View data |
| 2 | 2 Portugal | 218.13 | 2022 | +57.83% | +25.79% | View data |
| 3 | 3 Lithuania | 207.35 | 2022 | +134.24% | +30.78% | View data |
| 4 | 4 Hungary | 193.41 | 2022 | +98.31% | +31.08% | View data |
| 5 | 5 Finland | 192.18 | 2022 | +71.93% | +30.19% | View data |
| 6 | 6 Ireland | 192.06 | 2022 | +96.72% | +28.88% | View data |
| 7 | 7 Luxembourg | 184.86 | 2022 | +74.36% | +28.68% | View data |
| 8 | 8 Slovenia | 183.29 | 2022 | +72.02% | +27.81% | View data |
| 9 | 9 Belgium | 182.92 | 2022 | +71.58% | +29.29% | View data |
| 10 | 10 Bulgaria | 182.64 | 2022 | +63.23% | +26.11% | View data |
