The European NP Fertilizers Real Price Index exhibits significant variation among countries in 2024. Lithuania's index at 191.23 indicates a sharp increase compared to other nations. Hungary remains roughly stable at 100.46, close to the base period level, while countries like the Netherlands, Sweden, and Austria have seen decreases, illustrated by indices of 82.93, 76.16, and 75.5, respectively. This variation suggests differences in local market dynamics, cost structures, and demand-supply balances.
Future trends to watch include:
- Price fluctuations due to geopolitical tensions affecting supply chains.
- Potential shifts towards sustainable practices impacting fertilizer demand.
- Technological advancements altering production efficiency and costs.
- Regulatory changes promoting environmentally friendly alternatives.
Top countries in NP Fertilizers Real Price Index for Agriculture by Country
| # | 10 Countries | Percent, Change on Previous Period | Last Year | |
|---|---|---|---|---|
| 1 | 1 Lithuania | 191.23 | 2022 | View data |
| 2 | 2 Hungary | 100.46 | 2022 | View data |
| 3 | 3 Netherlands | 82.93 | 2022 | View data |
| 4 | 4 Sweden | 76.16 | 2022 | View data |
| 5 | 5 Austria | 75.5 | 2022 | View data |
| 6 | 6 Belgium | 73.92 | 2022 | View data |
| 7 | 7 Luxembourg | 65.6 | 2022 | View data |
| 8 | 8 Denmark | 63.36 | 2022 | View data |
| 9 | 9 Bulgaria | 63.23 | 2022 | View data |
| 10 | 10 Italy | 60.97 | 2022 | View data |
