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.
23.1 Agricultural output price index | ||||||
Base year 2010=100 | ||||||
2010 | 2011 | 2012 | 2013 | 2014 | ||
Cattle | 100.0 | 120.2 | 135.9 | 138.8 | 125.9 | |
Sheep | 100.0 | 107.9 | 104.1 | 104.8 | 107.5 | |
Pigs | 100.0 | 109.6 | 121.4 | 127.5 | 121.9 | |
Poultry | 100.0 | 106.1 | 114.2 | 116.4 | 114.0 | |
Milk | 100.0 | 114.3 | 104.4 | 127.3 | 121.5 | |
Cereals | 100.0 | 131.5 | 153.4 | 156.6 | 121.0 | |
Potatoes | 100.0 | 69.0 | 119.0 | 158.4 | 77.3 | |
Vegetables | 100.0 | 101.4 | 105.6 | 106.9 | 107.3 | |
Total outputs | 100.0 | 115.2 | 121.2 | 131.7 | 120.9 | |
Source: CSO |
Interactive table: StatBank link
The agricultural output price index increased by 20.9% in 2014 when compared to 2010.
In particular, cattle, pigs, milk and cereal price indices increased by 25.9%, 21.9% 21.5% and 21% respectfully.
23.2 Agricultural input price index | ||||||
Base year 2010=100 | ||||||
2010 | 2011 | 2012 | 2013 | 2014 | ||
Feeding stuffs | 100.0 | 116.3 | 125.1 | 135.2 | 122.2 | |
Fertilisers | 100.0 | 123.0 | 126.7 | 126.1 | 121.6 | |
Seeds | 100.0 | 106.0 | 121.2 | 128.1 | 119.9 | |
Energy (including electricity) | 100.0 | 115.2 | 126.2 | 124.4 | 121.1 | |
Plant protection products | 100.0 | 97.7 | 97.9 | 98.9 | 99.1 | |
Veterinary expenses | 100.0 | 99.6 | 100.3 | 100.3 | 102.5 | |
Maintenance of materials and buildings | 100.0 | 98.4 | 98.9 | 98.0 | 98.5 | |
Other goods and services | 100.0 | 102.3 | 100.8 | 100.6 | 105.3 | |
Total inputs | 100.0 | 111.1 | 116.4 | 119.7 | 114.7 | |
Source: CSO |
Interactive table: StatBank link
The agriculture input price index increased by 14.7% in 2014 when compared to 2010
In particular, feeding stuffs, fertiliser,energy and seed price indices increased by 22.2%, 21.6%, 21.1% and 19.9% respectively.
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