The European Herbicides Price Index for Agriculture in 2023 features Cyprus leading with the highest index value, followed by Lithuania and Malta. Notable year-on-year increases in 2022 were observed in Malta, Lithuania, and Sweden, indicating a strong upward trajectory in these countries. Conversely, countries like Denmark, Austria, and Luxembourg showed minor decreases, signaling relative stabilization. Over a five-year span, notable trends include consistent moderate growth across much of Eastern Europe and Scandinavia, while Central European nations tend to show slower growth.
Future trends to monitor include the potential impact of regulatory changes on herbicide usage, environmental concerns prompting shifts to organic alternatives, and economic factors influencing both production costs and pricing strategies across European countries. Watching how these elements interplay will be crucial for forecasting price movements in this sector.
Top countries in Herbicides Price Index for Agriculture by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Cyprus | 218.7 | 2022 | +34.57% | +16.38% | View data |
| 2 | 2 Lithuania | 194.87 | 2022 | +31.14% | +18.28% | View data |
| 3 | 3 Malta | 189.16 | 2022 | +89.16% | +23.67% | View data |
| 4 | 4 Sweden | 172.28 | 2022 | +63.3% | +16.63% | View data |
| 5 | 5 Portugal | 164.11 | 2022 | +57.07% | +16.22% | View data |
| 6 | 6 Hungary | 150.2 | 2022 | +23.83% | +10.91% | View data |
| 7 | 7 Romania | 144.5 | 2022 | -6.95% | +6.8% | View data |
| 8 | 8 Spain | 136.85 | 2022 | +27.3% | +10.58% | View data |
| 9 | 9 Ireland | 134.72 | 2022 | +28.5% | +9.16% | View data |
| 10 | 10 Germany | 131.3 | 2022 | +19.69% | +7.8% | View data |
