Prices of agricultural production inputs rose sharply in the first quarter of 2022

release | Index of purchase prices of the means of agricultural production 2022, 1st quarter

According to Statistics Finland, the purchase prices of the means of agricultural production rose by 24 per cent in the first quarter of 2022. Agricultural production commodities and services cost 30 per cent more and investments eight per cent more than one year ago. Input prices rose in every respect as raw material, energy and transport costs went up. Prices of fertilisers were double, energy good one third and fodder nearly one third higher compared to one year ago.

Key selections

  • The index of purchase prices of the means of agricultural production rose by 24 per cent in the first quarter of 2022. 
  • The prices of fertilisers rose by 97 per cent in the first quarter of 2022. 
  • The price of energy went up by 36 per cent in the first quarter of 2022. 
  • The prices of animal fodder rose by 29 per cent in the first quarter of 2022. 
  • The prices of agricultural investments rose by eight per cent in the first quarter of 2022. 

Figures

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Index of purchase prices of the means of agricultural production (2015=100), 2015M01-2022M03

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Updated database tables
Classifications used:
  • Classification of index of purchase prices of the means of agricultural production
Reference period cycle:
quarter
Updating frequency:
quarter
Updated:
Classifications used:
  • Classification of index of purchase prices of the means of agricultural production
Reference period cycle:
quarter
Updating frequency:
quarter
Updated:
Classifications used:
  • Classification of index of purchase prices of the means of agricultural production
Reference period cycle:
quarter
Updating frequency:
quarter
Updated:
Classifications used:
  • Classification of index of purchase prices of the means of agricultural production
Reference period cycle:
quarter
Updating frequency:
quarter
Updated:

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Documentation

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Referencing instructions

Official Statistics of Finland (OSF): Index of purchase prices of the means of agricultural production [online publication].
Reference period: 2022, 1st quarter. ISSN=2814-4686 . Helsinki: Statistics Finland [Referenced: 16.11.2024].
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