Topics
Agriculture, forestry and fisheryPrices and consumption

Prices of agricultural production inputs rose sharply in the first quarter of 2022

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

According to Statistics Finland, the purchase prices of the means of agricultural production rose by 24 per cent in the first quarter of 2022. Agricultural production commodities and services cost 30 per cent more and investments eight per cent more than one year ago. Input prices rose in every respect as raw material, energy and transport costs went up. Prices of fertilisers were double, energy good one third and fodder nearly one third higher compared to one year ago.

Index of purchase prices of the means of agricultural production, 2022Q1

Index pointQuarterly change, % Yearly change, %
GOODS AND SERVICES CURRENTLY CONSUMED IN AGRICULTURE (INPUT1)134.97.530.2
GOODS AND SERVICES CONTRIBUTING TO AGRICULTURAL INVESTMENT (INPUT2)118.11.88.4
INPUT TOTAL (INPUT1 + INPUT2)130.05.923.6

Key points

  • The index of purchase prices of the means of agricultural production rose by 24 per cent in the first quarter of 2022. 
  • The prices of fertilisers rose by 97 per cent in the first quarter of 2022. 
  • The price of energy went up by 36 per cent in the first quarter of 2022. 
  • The prices of animal fodder rose by 29 per cent in the first quarter of 2022. 
  • The prices of agricultural investments rose by eight per cent in the first quarter of 2022. 

Tables

See key statistical data in the tables.
16.05.2022

Index of purchase prices of the means of agricultural production, 2022Q1

Figures

See key statistical data in the figures.
16.05.2022

Index of purchase prices of the means of agricultural production (2015=100), 2015M01-2022M03

Database tables

Database tables related to this release

Updated database tables
Classifications used:
  • Timeperiod
  • Classification of Index of purchase prices of the means of agricultural production
Updated:
16.05.2022
Classifications used:
  • Timeperiod
  • Classification of Index of purchase prices of the means of agricultural production
Updated:
16.05.2022
Classifications used:
  • Timeperiod
  • Classification of Index of purchase prices of the means of agricultural production
Updated:
16.05.2022
Classifications used:
  • Classification of Index of purchase prices of the means of agricultural production
  • Timeperiod
Updated:
16.05.2022

Background information

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Statistical experts

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