Substantial rise in prices of production inputs in agriculture

The purchase prices of means of agricultural production rose by good one fifth in the last quarter of 2021 compared with one year ago. Agricultural production commodities and services cost 28 per cent more and investments eight per cent more. Input prices rose in every respect. Fertilisers cost over double, energy one third and fodder good one fifth more than one year ago. These data derive from Statistics Finland's most recent index of purchase prices of means of agricultural production. The index describes how much the prices of agricultural production commodities, services and investments have changed from 2015.

Index of purchase prices of the means of agricultural production 2015=100, q1/2010–q4/2021

Index of purchase prices of the means of agricultural production 2015=100, 4th quarter 2021

Index (2015=100)	Index point IV/2021	Quartely change, %	Yearly change, %
Index total	122,7	10,3	21,5
Goods and services currently consumed in agriculture	125,5	13,5	27,6
Goods and services contributing to agricultural investment	115,9	2,8	7,9

Source: Index of producer prices of agricultural products. Statistics Finland

Inquiries: Marianne Rautelin 029 551 3421, mthi@stat.fi

Head of Department in charge: Katri Kaaja

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Updated 15.2.2022

Referencing instructions:

Official Statistics of Finland (OSF): Index of purchase prices of the means of agricultural production [e-publication].
4th quarter 2021. Helsinki: Statistics Finland [referred: 17.4.2024].
Access method: http://www.stat.fi/til/ttohi/2021/04/ttohi_2021_04_2022-02-15_tie_001_en.html