European Straight Fertilizers Price Index for Agriculture by Country

The European Straight Fertilizers Price Index presents significant variation among countries. In 2023, Hungary had the highest index at 37.35, indicating strong price pressures compared to the baseline year of 2015. Other countries, such as Portugal and Sweden, also demonstrated high index values above 30. While Germany, Estonia, and Czech Republic showed relatively lower indices below 22. Year-on-year variations from 2022 revealed notable increases, particularly in Hungary with a 60.82% surge, while more moderate growth was observed in countries like Greece at 19.96%.

In future trends, key factors to watch include geopolitical dynamics affecting energy costs, climate changes prompting shifts in agricultural practices, and regulatory developments across the EU potentially impacting supply chains and production capabilities. Close monitoring of these elements will be crucial for predicting changes in the fertilizer price landscape moving forward.