In 2023, Cyprus leads the European Hay Price Index, followed by Italy and Austria. Countries like Sweden, Croatia, and Latvia demonstrate lower index values. Notably, Cyprus and Hungary had significant growth in 2022. Conversely, Scandinavian countries experienced negative growth, with Latvia and Finland showing a decline.
As we look ahead, varying climatic conditions and agricultural policies across European regions may impact the Hay Price Index. Expect potential adjustments in trade dynamics and demand, especially in countries with rising agricultural inputs and production costs. Monitoring these elements will be crucial for understanding future trends in hay prices across Europe.
Top countries in Hay Price Index by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Cyprus | 226.86 | 2022 | +66.06% | +22.18% | View data |
| 2 | 2 Italy | 198.6 | 2022 | +54.07% | +16.38% | View data |
| 3 | 3 Austria | 162.1 | 2022 | +12.8% | +3.55% | View data |
| 4 | 4 Spain | 153.25 | 2022 | +56.57% | +13.9% | View data |
| 5 | 5 Poland | 149.51 | 2022 | +6.22% | View data | |
| 6 | 6 Romania | 145.22 | 2022 | +7.52% | +9.93% | View data |
| 7 | 7 Belgium | 142.24 | 2022 | -6.54% | +7.15% | View data |
| 8 | 8 Hungary | 129.92 | 2022 | +13.13% | +21.91% | View data |
| 9 | 9 Bulgaria | 115.65 | 2022 | +33.98% | +9.09% | View data |
| 10 | 10 Greece | 113.85 | 2022 | +27.66% | +12.26% | View data |
