Cyprus recorded the third-highest increase in the European Union in the average price of agricultural production in the second quarter of 2026, according to Eurostat figures published on Thursday. Prices rose by 3.5% compared with the same period in 2025, with only Croatia and Malta posting sharper increases, both at 3.9%. Across the EU as a whole, agricultural producer prices fell by 5.8% year-on-year, the third consecutive quarterly decline.
EU-wide price trends
In the second quarter of 2026, the average price of agricultural production was lower than a year earlier in 20 EU member states. The steepest declines were recorded in Denmark (17.2%), Ireland (16.2%), Latvia and Estonia (14.5% each), and Luxembourg and Lithuania (14.2% each).
Agricultural input costs rise 4.7%
Over the same period, the average price of agricultural inputs not related to investment, such as energy, fertilisers and animal feed, increased by 4.7% across the EU compared with the second quarter of 2025. Input prices rose in every EU member state. The largest increases were recorded in Lithuania (16.4%), Romania (11.7%) and Latvia (9.7%), while the smallest were seen in Hungary and Portugal (1.2% each) and Malta (1.5%).
