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Press release

Level of agricultural output price index down by 18.9 % in 2023

Central Statistical Bureau data show that, driven by a 24.3 % drop in the price index of crop products and an 8.9 % drop in the price index of animal products, the price index of agricultural output reduced by 18.9 % in 2023 (compared to 2022).

In 2023, the overall level of crop product prices was mainly influenced by lower price index for grain (down by 28.6 %, of which prices of barley fell by 37.3 %, of rye by 31.3 %, of wheat by 27.4 %) as well as rape seeds (by 30.7 %).

The overall level of animal product prices was affected by lower raw milk price index (down by 24.4 %) and lower livestock price index (of cattle down by 9.2 %, of sheep and goats by 2.2 %).

Agricultural output price indices and change thereof

 

2020 = 100

Change compared to previous year, %

2021

2022

2023*

2021

2022

2023*

Agricultural output, total

117.2

159.9

129.7

17.2

36.4

−18.9

Crop products

122.4

163.5

123.7

22.4

33.6

−24.3

grain

120.2

173.3

123.7

20.2

44.2

−28.6

rape seeds

134.7

159.0

110.1

34.7

18.0

−30.7

vegetables

115.9

124.6

130.9

15.9

7.5

5.0

potatoes

120.2

159.5

165.1

20.2

32.6

3.5

fruit and berries

114.1

129.1

148.5

14.1

13.2

15.0

Animal products

108.1

153.6

139.9

8.1

42.0

−8.9

livestock

102.7

133.3

150.2

2.7

29.9

12.7

cattle

115.2

162.3

147.3

15.2

40.8

−9.2

pigs

87.7

116.3

159.6

−12.3

32.5

37.3

raw milk

113.2

168.0

126.9

13.2

48.3

−24.4

eggs, 100 pieces

99.0

146.3

181.0

−1.0

47.7

23.7

In 2023, the largest reduction in the crop production sector was registered in the prices of grain, pulses, and rape seeds.

The average purchase (procurement) price of grain fell by 27.3 % (from 286.59 EUR/tonne in 2022 to 208.39 EUR/tonne in 2023), with the sharpest drop in the barley and rye prices (33.7 % and 31.3 %, respectively). The price of wheat, which took 85 % of all grain purchased in 2023, went down from 289.61 EUR/tonne in 2022 to 211.72 EUR/tonne in 2023 or by 26.9 %.

Significant decrease was also recorded in the prices of pulses and rape seeds (30.9 % and 28.9 %, respectively).

The average purchase price of potatoes fell from 219.97 EUR/tonne in 2022 to 215.64 EUR/tonne in 2023 or by 2 %.

Increase, compared to the year before, was registered in the prices of almost all vegetables: price of onions went up by 23.1 %, of carrots by 11.5 %, of cabbage by 9.2 %, and of cucumbers by 5.5 %. The price of tomatoes fell slightly – by 1.9 %.

Average purchase prices of principal agricultural products

(euros per tonne)

 

2022

2023*

Change, % (2023/2022)

Cereals, total

286.59

208.39

−27.3

wheat

289.61

211.72

−26.9

rye

240.05

164.94

−31.3

barley

272.51

180.58

−33.7

Rape seeds

574.51

408.64

−28.9

Pulses

347.76

240.32

−30.9

Potatoes

219.97

215.64

−2.0

Vegetables

850.56

877.43 

3.2

cabbage

241.89

264.26

9.2

tomatoes

1 822.94

1 789.12

−1.9

cucumbers

2 078.48

2 192.00

5.5

carrots

296.01

329.92

11.5

onions

310.55

382.18

23.1

Livestock (slaughter weight)

1 870.94

2 212.41

18.3

cattle

3 021.11

2 686.23

−11.1

pigs

1 715.94

2 300.49

34.1

sheep

4 772.18

4 755.06

−0.4

poultry

2 402.64

2 686.50

11.8

Raw cow's milk

471.18

355.05

−24.6

Eggs, EUR/100 pieces

10.21

12.87

26.1

The greatest reduction in the animal production sector was registered in the price of raw cow’s milk (of 24.6 % or from 471.18 EUR/tonne in 2022 to 355.05 EUR/tonne in 2023).

Significant increase over the year – of 584.55 EUR/tonne or 34.1 % – was recorded in the price of pork which reached the highest point in the last 30 years (2 300.49 EUR/tonne). In addition, compared to 2021 pork price has gone up by 76.7 %.

However, the average purchase (procurement) price of beef and veal fell by 334.88 EUR/tonne or 11.1 %.

The average purchase price of eggs, compared to the year before, rose by 26.1 % (from 10.21 EUR/100 pcs in 2022 to 12.87 EUR/100 pcs in 2023).

Methodological information

*Provisional data.

Media requests:
Communication Section
E-mail: media@csp.gov.lv
Phone: +371 27880666

More information on data:
Anna Komara
Agricultural Statistics Section
E-mail: Anna.Komara@csp.gov.lv
Phone: +371 67366871

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