The European Lubricants Real Price Index for Agriculture in 2024 shows significant diversity across countries. Lithuania leads with 97.38%, indicating a substantial rise, followed by Hungary and the Czech Republic. In contrast, countries like France and Germany exhibit negative indices, reflecting a decline. Most Western European nations report lower indices compared to Eastern European countries, suggesting a trend of increasing prices in the east.
Looking ahead, several factors could influence future trends:
- Economic recovery post-pandemic, potentially stabilizing or driving prices.
- Renewable energy policies affecting the demand for traditional lubricants.
- Technological advancements in agriculture that may alter lubricant needs.
Top countries in Lubricants Real Price Index for Agriculture by Country
| # | 10 Countries | Percent, Change on Previous Period | Last Year | |
|---|---|---|---|---|
| 1 | 1 Lithuania | 97.38 | 2022 | View data |
| 2 | 2 Hungary | 48.37 | 2022 | View data |
| 3 | 3 Czech Republic | 43.31 | 2021 | View data |
| 4 | 4 Netherlands | 33.36 | 2022 | View data |
| 5 | 5 Romania | 29.29 | 2022 | View data |
| 6 | 6 Slovakia | 23.93 | 2022 | View data |
| 7 | 7 Croatia | 18.5 | 2021 | View data |
| 8 | 8 Belgium | 17.98 | 2022 | View data |
| 9 | 9 Portugal | 10.37 | 2022 | View data |
| 10 | 10 Italy | 6.59 | 2022 | View data |
