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Annual change in the index of purchase prices of the means of agricultural production was -5.4 per cent in 2023

Release related to topics:Agriculture, forestry and fisheryPrices and consumption
release | Index of purchase prices of the means of agricultural production 2023

According to Statistics Finland, the purchase prices of the means of agricultural production fell by 5.4 per cent in 2023 compared to one year ago. Agricultural production commodities and services cost 9.6 per cent less and investments 6.9 per cent more than one year ago.

Index of purchase prices of the means of agricultural production 2015=100, 2023

Key selections

  • The prices of fertilizers decreased by 38.2 per cent in 2023 compared to prices in 2022.
  • The price of energy used in agriculture went down by 6.0 per cent in 2023 from the year before.
  • The prices of animal fodder decreased by 6.0 per cent in 2023 compared to 2022.
  • The prices of agricultural investments rose by 6.9 per cent in 2023 compared to the previous year.
  • The prices of production inputs used in agriculture were 28 per cent higher in 2023, when prices are compared to the time before the pandemic and Russia's war of aggression.

Database tables

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Updated database tables
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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: 2023. ISSN=2814-4686 . Helsinki: Statistics Finland [Referenced: 25.4.2025].
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029 551 3421

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Katri Kaaja
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029 551 3488