The European Processed Vegetables Harmonized Index of Consumer Prices (HICP) reveals varying trends across different countries. In 2024, Hungary leads with the highest value, indicating substantial year-on-year growth from 2023, followed by Slovakia and the Czech Republic. Notable increases were observed in Germany and the Czech Republic, reflecting inflationary pressures. Hungary and Slovenia experienced significant growth over the previous year. Meanwhile, some countries like Albania, Serbia, and Croatia showed no changes, hinting at stability or saturation in their markets.
Looking ahead, future trends may depend on factors like agricultural yields, climate change impacts, and geopolitical dynamics affecting trade. Countries with high fluctuations could focus on stabilizing their economies, while those with stable indices might explore competitive advantages or innovations to maintain market positions. Monitoring these aspects will be crucial for understanding the future trajectory of processed vegetables pricing in Europe.
Top countries in Processed Vegetables HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 158.94 | 2022 | +24.21% | +12.89% | View data |
| 2 | 2 Slovakia | 149.41 | 2022 | +13.86% | View data | |
| 3 | 3 Czech Republic | 149.1 | 2022 | +11.02% | +7.42% | View data |
| 4 | 4 Albania | 148.83 | 2022 | +6.58% | View data | |
| 5 | 5 Bulgaria | 139.68 | 2022 | +18.69% | +5.66% | View data |
| 6 | 6 Lithuania | 139.29 | 2022 | +18.42% | +6.65% | View data |
| 7 | 7 Estonia | 137.35 | 2022 | +15.24% | View data | |
| 8 | 8 Poland | 134.6 | 2022 | +9.52% | +6.04% | View data |
| 9 | 9 Serbia | 133.1 | 2022 | +16.35% | View data | |
| 10 | 10 Romania | 131.42 | 2022 | +10.61% | View data |
