In 2021, the price index for fertilizers and correctives faced the highest increase, recording a growth of approximately 66 percent compared to 2015. Animal feed prices increased by 20 percent while energy and lubricants increased by 16 percent. Investment goods which include cropping and harvesting machines and materials, and tractors also experienced a slight increase compared to the base year. In December 2022, there was a 13.5 percent increase in the price index, with the highest increase in fertilizers and correctives, which rose almost 24 percent. By 2023, the index decreased slightly, especially fertilizers and correctives, which decreased by more than 42 percent.
Price index of agricultural goods, services of current consumption, and investment goods in Portugal from 2019 to 2023
Characteristic
Seeds and plants
Energy and lubricants
Fertilizers and correctives
Animal feed
Veterinary expenses
Material maintenance
Other goods and services
Investment goods*
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Statistics Portugal. (April 1, 2024). Price index of agricultural goods, services of current consumption, and investment goods in Portugal from 2019 to 2023 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1329245/portugal-price-index-of-agricultural-goods-and-services/
Statistics Portugal. "Price index of agricultural goods, services of current consumption, and investment goods in Portugal from 2019 to 2023." Chart. April 1, 2024. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1329245/portugal-price-index-of-agricultural-goods-and-services/
Statistics Portugal. (2024). Price index of agricultural goods, services of current consumption, and investment goods in Portugal from 2019 to 2023. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1329245/portugal-price-index-of-agricultural-goods-and-services/
Statistics Portugal. "Price Index of Agricultural Goods, Services of Current Consumption, and Investment Goods in Portugal from 2019 to 2023." Statista, Statista Inc., 1 Apr 2024, https://www.statista.com/statistics/1329245/portugal-price-index-of-agricultural-goods-and-services/
Statistics Portugal, Price index of agricultural goods, services of current consumption, and investment goods in Portugal from 2019 to 2023 Statista, https://www.statista.com/statistics/1329245/portugal-price-index-of-agricultural-goods-and-services/ (last visited August 25, 2024)
Price index of agricultural goods, services of current consumption, and investment goods in Portugal from 2019 to 2023 [Graph], Statistics Portugal, April 1, 2024. [Online]. Available: https://www.statista.com/statistics/1329245/portugal-price-index-of-agricultural-goods-and-services/