The European Compound Fertilizers Price Index for Agriculture in 2024 shows Lithuania at the highest position with a value of 28.525, while Estonia holds the lowest at 12.331. In 2023, significant price increases were noted for countries like Lithuania, Hungary, and Sweden. Over the last two years, especially, Lithuania and Hungary saw the largest hike, with increases of over 37% each. The 5-year CAGR indicates steady growth for most countries, with more pronounced increases in Eastern and Northern Europe than in the South.
Future trends to monitor include the impact of geopolitical dynamics on raw material supply, technological innovations in agriculture, and EU policy changes. These factors will influence both production costs and price stability across the region, potentially leading to more pronounced differences between countries.
Top countries in Compound Fertilizers Price Index for Agriculture by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 285.25 | 2022 | +178.4% | +41.13% | View data |
| 2 | 2 Hungary | 265.4 | 2022 | +128.6% | +41.34% | View data |
| 3 | 3 Sweden | 264.33 | 2022 | +99.8% | +37.04% | View data |
| 4 | 4 Portugal | 246.55 | 2022 | +70.62% | +29.45% | View data |
| 5 | 5 Bulgaria | 225.6 | 2022 | +84.46% | +33.14% | View data |
| 6 | 6 Belgium | 225.47 | 2022 | +89.33% | +35.21% | View data |
| 7 | 7 Luxembourg | 219.15 | 2022 | +88.58% | +33.61% | View data |
| 8 | 8 Finland | 218.59 | 2022 | +84.28% | +34.31% | View data |
| 9 | 9 Ireland | 215.11 | 2022 | +112.69% | +33.09% | View data |
| 10 | 10 Slovenia | 214.34 | 2022 | +88.05% | +32.43% | View data |
