The European Rice Harmonized Index of Consumer Prices (HICP) reveals significant variations in price change projections for 2024. Notably high increases are anticipated in Latvia, Hungary, and Montenegro, while Macedonia and Iceland expect significant declines. Switzerland and Ireland also show moderate increases. Overall, Northern and Western European countries tend to have lower HICP fluctuations compared to Eastern and Southern nations.
Future trends to watch include inflationary pressures from imports, demand fluctuations due to shifting consumer preferences and potential agricultural policy impacts. Additionally, geopolitical developments could alter trade relationships, influencing rice prices across Europe significantly.
Top countries in Rice HICP by Country
| # | 10 Countries | Percent, Change on Previous Period | Last Year | |
|---|---|---|---|---|
| 1 | 1 Latvia | 32.3 | 2022 | View data |
| 2 | 2 Hungary | 31.5 | 2022 | View data |
| 3 | 3 Montenegro | 28.5 | 2022 | View data |
| 4 | 4 Serbia | 24 | 2022 | View data |
| 5 | 5 Slovakia | 21.2 | 2022 | View data |
| 6 | 6 Estonia | 20.1 | 2022 | View data |
| 7 | 7 Czech Republic | 19.8 | 2022 | View data |
| 8 | 8 Lithuania | 19.7 | 2022 | View data |
| 9 | 9 Poland | 19.2 | 2022 | View data |
| 10 | 10 Italy | 17.8 | 2022 | View data |
