The Agricultural Output Price Index for the year 2026 is projected to decrease by 10.3% when compared with 2025.
The fall in the Output Price Index is mainly due to price decreases in Milk (-18.1%), Pigs (-12.5%) and Cattle (-7.6%).
A projected increase of 6.5% in the Input Price Index 2026 is driven by rises in prices for Fertiliser (+18.0%) and Energy (+17.9%) when compared with 2025.
The annual Terms of Trade is anticipated to fall by 15.8% when compared with 2025.
The overall annual Agricultural Output and Input Price Indices are presented in the table below and in Figure 1. Table 1, Table 2, Figure 2, and Figure 3 contain detailed indices listed from 2020 to 2025 and estimated indices for 2026.
| Agricultural Price Indices - Preliminary Estimates 2026 | |||
| Output | Input | Terms of Trade | |
| Base year 2020=100 | |||
| 2025 | 162.6 | 127.8 | 127.3 |
| 2026 | 145.8 | 136.0 | 107.2 |
| % Change | -10.3% | 6.5% | -15.8% |
| X-axis label | Total Inputs | Total Outputs |
|---|---|---|
| 2020 | 100 | 100 |
| 2021 | 110.3 | 112.4 |
| 2022 | 150.2 | 145.4 |
| 2023 | 140.3 | 131.3 |
| 2024 | 126.5 | 142.4 |
| 2025 | 127.8 | 162.6 |
| 2026 | 136 | 145.8 |
Figure 2 shows the annual percentage change from 2025 to 2026 for the main components of the output price index of agricultural products.
| Cattle | Sheep | Pigs | Cereals | Milk | |
| 2026 | -7.6 | 3.5 | -12.5 | 0.2 | -18.1 |
Figure 3 displays the annual percentage change between 2025 and 2026 for a selection of input price indices.
| Feeding stuffs | Fertilisers | Energy | Veterinary expenses | |
| 2026 | 1.3 | 18 | 17.9 | 7.1 |
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Statistician's Comment
The Central Statistics Office (CSO) has today (06 November 2026) published Agricultural Price Indices - Preliminary Estimates 2026.
Commenting on the release, Cian O'Riordan, Statistician in the Agriculture Division, said: "Today's release contains projected annual Agricultural Input and Output Price Indices for 2026. The Input Price Index shows a rise of 6.5% when compared with 2025, while the Output Price Index is estimated to fall by 10.3%. In terms of input prices, 2026 has seen significant increases in Fertiliser and Energy prices, projected to be 18.0% and 17.9% respectively when compared with 2025. In output prices, there has been notable falls during 2026 in Milk (-18.1%) and Pig (-12.5%) prices when compared with 2025. Cattle prices are predicted to have fallen by 7.6% in 2026 when compared with 2025. Preliminary estimates of the Terms of Trade show a decrease of 15.8% when compared with the previous year."