In 2023, Hungary led the European Cereals Price Index with a value of 27.473, followed by Sweden and Finland with 24.418 and 22.835, respectively. Over the last two years, notable year-on-year changes include Hungary, which saw a 37.77% increase, and Sweden with 29.22%, indicating significant growth in these markets. The compound annual growth rate for the past five years shows consistent upward trends, with Austria and Slovenia showing robust increments.
Looking forward, potential trends to watch for include the impact of climate change and geopolitical shifts on agricultural yields and trade policies. Technological advancements in farming and supply chain optimization can also play a crucial role in reshaping the cereals market landscape across Europe.
Top countries in Cereals Price Index by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 274.73 | 2022 | +70.89% | +37.77% | View data |
| 2 | 2 Sweden | 244.18 | 2022 | +59.3% | +29.22% | View data |
| 3 | 3 Finland | 228.35 | 2022 | +69.98% | +22.24% | View data |
| 4 | 4 Poland | 225.46 | 2022 | +53.7% | +26.67% | View data |
| 5 | 5 Austria | 209.6 | 2022 | +38.99% | +28.49% | View data |
| 6 | 6 Romania | 207.21 | 2022 | +48.04% | +26.12% | View data |
| 7 | 7 Belgium | 205.55 | 2022 | +34.81% | +26.76% | View data |
| 8 | 8 Slovenia | 205.29 | 2022 | +54.76% | +29.94% | View data |
| 9 | 9 Croatia | 205.26 | 2022 | +55.57% | +29.23% | View data |
| 10 | 10 Bulgaria | 201.52 | 2022 | +49.38% | +27.37% | View data |