The European Electricity Real Price Index for Agriculture depicts notable variations across countries in 2024, with Italy leading at a high value of 93.47, and Bulgaria at the lowest with a negative value of -8.06. Heavily influencing their respective agricultural sectors, it reflects their regional energy policies and economic conditions. The average growth rate, characterized by a minimal cumulative annual growth rate over five years, indicates a general inclination towards stabilization post-2023. Traditional agricultural sectors, such as those in Portugal and France, show resilience with the lowest indices, signaling a potential area for energy efficiency improvements.
Future trends to watch may include energy policy changes affecting agricultural electricity costs, technological advancements in energy efficiency, and European Union regulations impacting energy pricing. Notably, countries with higher indices might focus on renewable energy integration and subsidies to mitigate cost impacts on agriculture.
Top countries in Electricity Real Price Index for Agriculture by Country
| # | 10 Countries | Percent, Change on Previous Period | Last Year | |
|---|---|---|---|---|
| 1 | 1 Italy | 93.47 | 2022 | View data |
| 2 | 2 Denmark | 84.08 | 2022 | View data |
| 3 | 3 Latvia | 79.17 | 2022 | View data |
| 4 | 4 Lithuania | 78.45 | 2022 | View data |
| 5 | 5 Slovakia | 77.15 | 2022 | View data |
| 6 | 6 Hungary | 74.21 | 2022 | View data |
| 7 | 7 Greece | 73.95 | 2022 | View data |
| 8 | 8 Estonia | 65.63 | 2022 | View data |
| 9 | 9 Netherlands | 60.74 | 2022 | View data |
| 10 | 10 Spain | 42.01 | 2022 | View data |
