Topics
Agriculture, forestry and fisheryPrices and consumption

Producer prices of agricultural products grew briskly in the first quarter of 2022

Statistics:
Reference period:
2022, 1st quarter
Published:
Next release:
Publication type:
release

According to Statistics Finland, the producer prices of agricultural products rose by 18 per cent in the first quarter of 2022. The prices of vegetable products went up by 27 per cent and those of meat and animal products by good 12 per cent. The lowest grain crop in the 2000s, rising energy prices in the aftermath of the pandemic, increased production costs as a result of the Russian attack on Ukraine, and endangering the future grain crop in Ukraine are the main reasons for the hefty rise in producer prices. Prices last rose as sharply as this in 2012 globally as a result of poor crop yields.

Index of producer prices of agricultural products 2015=100, 2022Q1*

Index pointQuarterly change, %Yearly change, %
CROP OUTPUT153.312.726.8
ANIMAL OUTPUT110.86.012.4
AGRICULTURAL GOODS OUTPUT125.18.717.9
AGRICULTURAL GOODS OUTPUT, without fur skins128.89.917.9

Key points

  • Producer prices of agricultural products rose by 18 per cent in the first quarter of 2022.
  • The producer price of grain rose by 74 per cent in the first quarter of 2022.
  • The producer price of meat rose by nine per cent in the first quarter of 2022.
  • The producer price of milk rose by 15 per cent in the first quarter of 2022.

Tables

See key statistical data in the tables.
16.05.2022

Index of producer prices of agricultural products, 2022Q1*

Figures

See key statistical data in the figures.
16.05.2022

Index of producer prices of agricultural products 2015=100, 2015M01-2022M03*

Data revisions

See key statistical data in the tables.
16.05.2022

Index of producer prices of agricultural products, revision to annual changes of 2021

Database tables

Database tables related to this release

Updated database tables
Classifications used:
  • Classification of Index of Producer Prices of Agricultural Products
Updated:
16.05.2022
Classifications used:
  • Classification of Index of Producer Prices of Agricultural Products
Updated:
16.05.2022
Classifications used:
  • Classification of Index of Producer Prices of Agricultural Products
Updated:
16.05.2022
Classifications used:
  • Classification of Index of Producer Prices of Agricultural Products
Updated:
16.05.2022

Background information

Documentation
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Statistical experts

Inquiries primarily
Marianne Rautelin
Senior Statistician
029 551 3421
Head of Department in charge