February 21, 2023
AGRICULTURAL QUARTERLY PRICE INDICES, FOURTH QUARTER OF 2022
Since 2018, agricultural quarterly price indices in Croatia have been calculated on the basis of 2015, in accordance with the Eurostat recommendations.
In the fourth quarter of 2022, the average producer prices of agricultural goods output increased by 56.1% compared to 2015 and by 21.7% compared to the same quarter of 2021.
The prices of crop products output were by 61.8% higher compared to 2015 and by 16.7% higher compared to the same quarter of 2021.
Compared to the same period of the previous year, the prices increased in all significant groups of crop products output. The increase in the prices of crop products output was mostly affected by an increase in the prices of cereals (of 37.9%), industrial plants (6.5%), wine (of 4.8%), fruits (of 11.7%) and vegetables (of 23.6%).
The prices of livestock, poultry and animal products output increased by 42.4% compared to 2015 and by 37.8% compared to the same quarter of 2021.
As regards the groups of products that have the largest share in livestock production, the largest increase compared to the same quarter of 2021 was recorded in the prices of milk (of 43.5%), the prices of pigs (of 57.2%), the prices of cattle (of 21.3%), in the prices of poultry (of 26.0%) and in the prices of consumer eggs (of 71.1%).
The prices of goods and services currently consumed in agriculture (input I) increased by 65.6% in the fourth quarter of 2022 compared to the same quarter of 2015 and by 29.0% compared to the same quarter of 2021. This increase was mostly influenced by the increase in the prices of energy, fertilisers and animal feedingstuffs.
Source: Croatian Bureau of Statistics
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither Karen Audit nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.
