The Agricultural Price Indices comprise of the index of producer prices of agricultural products (the Output Price Index) and the index of purchase prices of the means of agricultural production (the Input Price Index). The Output Price Index is based on the sales of agricultural products and the Input Price Index is based on the purchases of the means of agricultural production by agricultural producers. Both indices are compiled on the basis of the average farm concept. The average farm concept includes both sales to other economic sectors as well as sales/purchases of agricultural output between agricultural units for intermediate consumption purposes, excluding trade in animals between agricultural units.
| 25.1 Agricultural output price index | |||||||
| Base year 2010=100 | |||||||
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | |
| Cattle | 100.0 | 120.2 | 135.9 | 138.8 | 125.9 | 139.1 | 129.8 |
| Sheep | 100.0 | 107.9 | 104.1 | 104.8 | 107.4 | 108.7 | 109.0 |
| Pigs | 100.0 | 109.5 | 121.3 | 127.4 | 121.8 | 111.4 | 114.5 |
| Poultry | 100.0 | 106.1 | 114.2 | 116.4 | 114.0 | 112.2 | 112.2 |
| Milk | 100.0 | 114.3 | 104.4 | 127.3 | 121.5 | 94.9 | 87.4 |
| Cereals | 100.0 | 131.5 | 153.4 | 156.6 | 121.0 | 114.3 | 115.8 |
| Potatoes | 100.0 | 69.0 | 119.0 | 158.4 | 77.3 | 100.3 | 116.1 |
| Vegetables | 100.0 | 101.4 | 105.6 | 105.9 | 102.4 | 103.4 | 104.6 |
| Total outputs | 100.0 | 115.2 | 121.1 | 131.6 | 120.7 | 116.0 | 110.4 |
| Source: CSO | |||||||
Interactive table: StatBank link
The agricultural output price index decreased by 4.8% in 2016 when compared to 2015, while remaining 10.4% higher than the base year of 2010.
Milk and cattle prices dropped 7.9% and 6.7% respectively in 2016 compared to 2015. Cattle prices were 29.8% higher in 2016 than in the base year of 2010, while milk prices had dropped 12.6% over the same period.
| 25.2 Agricultural input price index | |||||||
| Base year 2010=100 | |||||||
| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | |
| Feeding stuffs | 100.0 | 116.3 | 125.3 | 135.1 | 122.1 | 117.4 | 115.6 |
| Fertilisers | 100.0 | 123.0 | 126.7 | 126.1 | 121.6 | 122.2 | 104.0 |
| Seeds | 100.0 | 106.0 | 121.2 | 128.1 | 119.9 | 116.4 | 115.7 |
| Energy (including electricity) | 100.0 | 115.2 | 126.2 | 124.4 | 121.1 | 107.7 | 99.2 |
| Plant protection products | 100.0 | 97.7 | 97.9 | 98.9 | 99.1 | 98.5 | 99.9 |
| Veterinary expenses | 100.0 | 99.6 | 100.3 | 100.3 | 102.5 | 103.7 | 105.5 |
| Maintenance of materials and buildings | 100.0 | 98.4 | 98.9 | 98.0 | 98.5 | 98.3 | 98.0 |
| Other goods and services | 100.0 | 102.3 | 100.8 | 100.6 | 104.9 | 110.9 | 115.4 |
| Total inputs | 100.0 | 111.1 | 116.5 | 119.7 | 114.6 | 112.2 | 108.6 |
| Source: CSO | |||||||
Interactive table: StatBank link
The agricultural input price index decreased by 3.2% in 2016 when compared to 2015. At 108.6, it was 8.6% higher than in the base year of 2010.
In particular, fertiliser prices decreased by 14.9% between 2015 and 2016, while energy prices dropped by 7.9% over the same period. Compared to the base year of 2010, feeding stuffs and seeds were respectively 15.6% and 15.7% higher in 2016.
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