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Informations Rapides · 28 February 2023 · n° 60
Informations rapidesIn January 2023, agricultural producer prices remained on a sharp rise year on year (+10.7%)  Indices of agricultural prices - January 2023

In January 2023, agricultural producer prices rose sharply year on year (+10.7% after +10.5% in December 2022 and +13.7% in November 2022). Prices have risen markedly over the past three years, standing in January 30.3% above their January 2020 level. Over one month, excluding fresh fruits and vegetables, agricultural producer prices rebounded (+1,1% after ‑3,1%).

The input purchase prices were almost stable over one month (+0.1% after ‑1.2%) and slowed down year on year (+13.4% after +15.8%). They were 34.7% higher than in January 2020.

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In January 2023, agricultural producer prices rose sharply year on year (+10.7% after +10.5% in December 2022 and +13.7% in November 2022). Prices have risen markedly over the past three years, standing in January 30.3% above their January 2020 level. Over one month, excluding fresh fruits and vegetables, agricultural producer prices rebounded (+1,1% after ‑3,1%).

The input purchase prices were almost stable over one month (+0.1% after ‑1.2%) and slowed down year on year (+13.4% after +15.8%). They were 34.7% higher than in January 2020.

Producer prices of agricultural products (IPPAP) and purchase prices of inputs for agricultural production (IPPIAP)

Producer prices of agricultural products (IPPAP) and purchase prices of inputs for agricultural production (IPPIAP)
IPPIAP IPPAP
2023-01 139.6 142.9
2022-12 139.5 141.3
2022-11 141.2 144.8
2022-10 142.0 146.2
2022-09 139.5 145.1
2022-08 138.8 144.8
2022-07 138.2 144.6
2022-06 138.6 146.0
2022-05 136.1 150.2
2022-04 134.6 148.4
2022-03 133.2 143.9
2022-02 124.9 129.8
2022-01 123.1 129.1
2021-12 120.5 127.9
2021-11 119.5 127.4
2021-10 117.5 125.4
2021-09 113.2 121.6
2021-08 111.6 118.8
2021-07 110.9 116.4
2021-06 109.6 116.4
2021-05 108.5 116.5
2021-04 107.9 113.3
2021-03 107.6 112.9
2021-02 106.4 112.7
2021-01 104.5 110.9
2020-12 103.1 108.5
2020-11 102.6 109.8
2020-10 102.1 109.5
2020-09 101.5 106.9
2020-08 101.8 107.7
2020-07 101.8 107.5
2020-06 101.8 108.0
2020-05 101.7 108.6
2020-04 101.7 110.0
2020-03 102.3 109.3
2020-02 103.4 108.3
2020-01 103.6 109.7
2019-12 103.5 109.2
2019-11 103.3 108.7
2019-10 103.6 107.6
2019-09 103.7 107.1
2019-08 103.3 106.9
2019-07 103.7 109.1
2019-06 103.8 109.0
2019-05 104.4 108.0
2019-04 104.6 107.8
2019-03 104.4 107.0
2019-02 104.1 108.0
2019-01 103.6 109.4
2018-12 103.8 109.5
2018-11 104.5 109.3
2018-10 104.6 108.4
2018-09 103.6 109.0
2018-08 102.7 107.6
2018-07 102.2 105.6
2018-06 101.9 104.5
2018-05 102.0 104.0
2018-04 101.1 103.5
2018-03 100.4 104.3
2018-02 100.1 103.7
2018-01 100.1 103.4
2017-12 99.3 104.4
2017-11 99.2 104.3
2017-10 98.9 103.8
2017-09 98.4 102.5
2017-08 98.0 103.3
2017-07 97.9 103.0
2017-06 98.1 103.6
2017-05 98.7 104.3
2017-04 99.1 103.9
2017-03 98.9 103.7
2017-02 99.0 104.9
2017-01 98.6 104.6
2016-12 98.3 103.8
2016-11 97.2 103.0
2016-10 97.4 102.3
2016-09 97.0 100.6
2016-08 96.9 101.0
2016-07 97.3 102.1
2016-06 97.8 100.6
2016-05 97.9 98.7
2016-04 97.4 97.6
2016-03 97.6 98.0
2016-02 97.5 97.0
2016-01 97.8 97.2
2015-12 98.3 99.0
2015-11 99.3 100.6
2015-10 99.5 101.8
2015-09 99.6 101.6
2015-08 99.7 100.5
2015-07 100.2 101.2
2015-06 100.6 100.2
2015-05 101.3 98.9
2015-04 101.1 99.3
2015-03 100.7 99.1
2015-02 100.5 98.9
2015-01 99.1 99.5
2014-12 99.5 101.2
2014-11 100.4 100.5
2014-10 101.0 98.9
2014-09 101.6 99.5
2014-08 102.1 101.9
2014-07 102.5 102.6
2014-06 103.1 103.9
2014-05 103.3 105.4
2014-04 103.3 106.7
2014-03 103.1 106.7
2014-02 103.0 105.8
2014-01 102.9 106.2

Producer prices of agricultural products (IPPAP) and purchase prices of inputs for agricultural production (IPPIAP)

  • Sources: INSEE, SSP (ministry in charge of agriculture)

Cereal prices fell over a month and decelerated year on year

In January 2023, cereal prices continued to fall sharply over one month (‑4.3% after ‑5.8% in December). This drop reflected that of soft wheat prices (‑5.1% after ‑5.4%), due in particular to the abundant harvests expected in Australia and India, strong competition, especially from Russia, and the appreciation of the euro against the dollar. Maize prices also fell (‑2.7% after ‑7.9%) due to depressed demand as a result of avian flu. Year on year, cereal prices slowed down, but continued to be on a marked rise (+5.7% after +9.2%). Compared to January 2020, they have risen very sharply (+60.8%).

The fall of oil seed prices eased in January 2023 (‑2.8% over one month after ‑7.7%). They were driven down by soybean (‑6.5% after ‑4.6%), sunflower (‑2.6% after ‑7.5%) and rapeseed (‑2.6% after ‑7.9%) prices, in particular due to a planned reform of agrofuels in Germany. Year on year, oil seed prices dropped by 20.7% (after ‑14.9%). Since January 2020, however, they have risen sharply (+40.2%).

Producer prices of cereals and oil seed

Producer prices of cereals and oil seed
Oil seed Cereals
2023-01 148.3 171.2
2022-12 152.6 178.9
2022-11 165.4 190.0
2022-10 169.1 200.6
2022-09 160.0 200.5
2022-08 169.1 195.2
2022-07 174.7 197.5
2022-06 197.3 216.9
2022-05 221.8 230.9
2022-04 259.1 223.3
2022-03 239.1 217.2
2022-02 187.7 158.6
2022-01 187.1 161.9
2021-12 179.3 163.9
2021-11 180.0 168.7
2021-10 174.2 158.9
2021-09 157.1 146.1
2021-08 147.4 139.5
2021-07 140.5 123.7
2021-06 137.7 125.8
2021-05 141.3 132.5
2021-04 131.9 127.3
2021-03 140.0 128.8
2021-02 128.3 131.0
2021-01 122.1 129.2
2020-12 114.7 119.0
2020-11 113.8 120.0
2020-10 105.5 114.7
2020-09 102.7 107.7
2020-08 99.2 104.3
2020-07 97.8 105.5
2020-06 95.1 102.5
2020-05 96.3 105.4
2020-04 95.3 106.5
2020-03 95.5 103.1
2020-02 101.7 105.3
2020-01 105.8 106.5
2019-12 104.4 102.4
2019-11 101.5 100.8
2019-10 100.0 99.8
2019-09 99.7 95.0
2019-08 97.1 96.5
2019-07 95.1 99.4
2019-06 94.1 101.8
2019-05 93.4 101.1
2019-04 93.6 103.7
2019-03 92.6 103.5
2019-02 94.0 107.8
2019-01 95.1 114.4
2018-12 95.0 115.1
2018-11 95.1 113.9
2018-10 94.9 113.8
2018-09 93.4 114.4
2018-08 95.7 120.0
2018-07 91.9 108.6
2018-06 89.6 100.9
2018-05 90.7 97.7
2018-04 88.9 94.4
2018-03 89.5 94.1
2018-02 88.9 91.9
2018-01 89.3 90.6
2017-12 92.8 91.0
2017-11 96.0 92.1
2017-10 93.6 92.3
2017-09 94.0 92.3
2017-08 94.9 NaN
2017-07 95.3 NaN
2017-06 94.1 NaN
2017-05 96.6 NaN
2017-04 103.5 NaN
2017-03 106.9 NaN
2017-02 110.1 NaN
2017-01 109.4 NaN
2016-12 108.5 NaN
2016-11 104.0 NaN
2016-10 102.3 NaN
2016-09 99.6 NaN
2016-08 97.0 NaN
2016-07 94.9 NaN
2016-06 98.9 NaN
2016-05 96.9 NaN
2016-04 95.9 NaN
2016-03 92.4 NaN
2016-02 93.2 NaN
2016-01 96.1 NaN
2015-12 100.9 NaN
2015-11 102.4 NaN
2015-10 101.0 NaN
2015-09 97.7 NaN
2015-08 99.0 NaN
2015-07 103.2 NaN
2015-06 104.5 NaN
2015-05 101.0 NaN
2015-04 100.9 NaN
2015-03 99.2 NaN
2015-02 95.9 NaN
2015-01 94.2 NaN
2014-12 92.0 NaN
2014-11 89.7 NaN
2014-10 85.6 NaN
2014-09 83.7 NaN
2014-08 85.6 NaN
2014-07 87.3 NaN
2014-06 94.2 NaN
2014-05 99.2 NaN
2014-04 104.9 NaN
2014-03 107.3 NaN
2014-02 101.5 NaN
2014-01 96.1 NaN

Producer prices of cereals and oil seed

  • Source: INSEE

Year on year, fresh fruit prices and fresh vegetable prices accelerated

Year on year, fresh fruit prices sped up (+3.6% in January, after +0.6%) mainly due to the sharp acceleration of apple prices (+8.5% after +6.6%). The drop of walnut prices was more pronounced than in December (‑19.1% after ‑13.0%). Compared to January 2020, fresh fruit prices were up by 16.8%.

Fresh vegetable prices accelerated sharply year on year (+37.0% in January after +23.0% in December). All prices of the main seasonal products remained on the rise. They soared for endives (+69.1% after +75.4%), carrots (+67.8% after +61.3%) and leeks (+67.0% after +40.6%) and, went up more moderately, for salads (+10.1% after +9.2%). In January 2023, fresh vegetable prices were 18.8% higher than their January 2020 level.

Producer prices of fresh fruit and vegetables

Producer prices of fresh fruit and vegetables
Fresh vegetables Fresh fruit
2023-01 162.4 134.8
2022-12 147.9 134.5
2022-11 138.0 129.0
2022-10 157.3 126.4
2022-09 160.5 127.8
2022-08 133.8 143.7
2022-07 124.4 140.2
2022-06 119.1 131.3
2022-05 120.6 113.3
2022-04 145.6 129.7
2022-03 136.6 134.3
2022-02 121.0 130.0
2022-01 118.5 130.1
2021-12 120.2 133.7
2021-11 120.8 130.6
2021-10 117.1 138.6
2021-09 114.6 149.9
2021-08 127.9 156.2
2021-07 119.3 151.1
2021-06 114.9 146.6
2021-05 115.0 143.0
2021-04 143.1 137.5
2021-03 148.2 136.7
2021-02 137.4 133.2
2021-01 135.7 130.0
2020-12 113.6 126.4
2020-11 133.4 122.9
2020-10 128.4 122.8
2020-09 117.7 119.5
2020-08 118.8 122.4
2020-07 106.4 122.3
2020-06 117.8 128.2
2020-05 118.9 125.8
2020-04 176.3 122.0
2020-03 147.6 115.6
2020-02 118.2 116.2
2020-01 136.7 115.4
2019-12 131.2 112.2
2019-11 132.2 109.4
2019-10 103.9 108.8
2019-09 113.8 109.0
2019-08 108.1 112.3
2019-07 117.6 109.5
2019-06 124.2 105.3
2019-05 99.8 109.4
2019-04 117.7 109.3
2019-03 121.9 113.5
2019-02 132.7 114.1
2019-01 147.5 114.7
2018-12 138.0 111.8
2018-11 132.5 112.8
2018-10 112.8 112.4
2018-09 119.9 118.0
2018-08 103.6 121.0
2018-07 97.4 116.6
2018-06 102.4 114.1
2018-05 103.5 117.2
2018-04 109.5 124.4
2018-03 117.6 125.0
2018-02 102.8 123.5
2018-01 101.6 119.9
2017-12 97.6 115.6
2017-11 98.4 112.1
2017-10 97.9 111.2
2017-09 100.9 107.7
2017-08 94.1 NaN
2017-07 85.8 NaN
2017-06 102.8 NaN
2017-05 97.9 NaN
2017-04 111.2 NaN
2017-03 107.4 NaN
2017-02 133.5 NaN
2017-01 132.4 NaN
2016-12 113.3 NaN
2016-11 119.0 NaN
2016-10 110.1 NaN
2016-09 97.2 NaN
2016-08 101.6 NaN
2016-07 116.7 NaN
2016-06 102.3 NaN
2016-05 101.0 NaN
2016-04 114.9 NaN
2016-03 128.4 NaN
2016-02 94.2 NaN
2016-01 96.3 NaN

Producer prices of fresh fruit and vegetables

  • Source: SSP (ministry in charge of agriculture)

Animal prices recovered over one month and remained up sharply year on year

In January 2023, animal prices went up anew over one month (+1.6% after ‑0.5%), due in particular to the rebound of poultry (+2.1% after ‑2.4%) and large cattle (+0.3% after ‑0.4%) prices, while pig prices accelerated (+5.3% after +0.3%).

Year on year, animal prices rose sharply in January 2023 (+27.9% after +27.1% in December), in connection with the rise of pig (+46.3% after +43.8%), poultry (+30.5% after +22.5%) and large cattle (+25.0% after +28.4%) prices. In January 2023, animal prices were 36.7% higher than in January 2020.

Producer prices of pigs and large cattle

Producer prices of pigs and large cattle
Large cattle Pigs
2023-01 143.7 156.3
2022-12 143.3 148.4
2022-11 143.9 148.0
2022-10 143.2 155.8
2022-09 140.4 149.4
2022-08 138.5 144.9
2022-07 138.0 138.8
2022-06 137.4 129.4
2022-05 135.9 130.8
2022-04 131.7 128.6
2022-03 127.0 114.4
2022-02 120.6 107.5
2022-01 115.0 106.8
2021-12 111.6 103.2
2021-11 110.5 99.4
2021-10 107.7 99.9
2021-09 105.6 102.5
2021-08 103.9 105.9
2021-07 102.2 109.4
2021-06 101.5 118.3
2021-05 100.6 119.4
2021-04 100.2 109.0
2021-03 99.3 105.1
2021-02 98.0 103.8
2021-01 97.6 103.3
2020-12 97.4 102.4
2020-11 97.7 107.1
2020-10 97.8 110.4
2020-09 97.4 106.2
2020-08 97.6 103.8
2020-07 97.8 103.6
2020-06 97.6 103.7
2020-05 95.8 108.8
2020-04 94.3 116.7
2020-03 95.8 123.9
2020-02 96.3 124.6
2020-01 96.5 129.2
2019-12 96.9 136.4
2019-11 96.7 133.2
2019-10 96.4 131.8
2019-09 97.2 125.8
2019-08 97.0 120.2
2019-07 97.2 118.9
2019-06 98.5 117.3
2019-05 98.8 115.4
2019-04 98.9 109.4
2019-03 98.7 101.6
2019-02 99.1 101.0
2019-01 98.5 101.7
2018-12 96.5 100.9
2018-11 96.3 99.3
2018-10 98.5 96.9
2018-09 99.7 95.5
2018-08 99.8 92.9
2018-07 100.1 92.5
2018-06 98.9 93.5
2018-05 98.8 95.3
2018-04 97.8 96.7
2018-03 97.9 100.4
2018-02 96.5 100.0
2018-01 96.8 98.7
2017-12 99.9 103.0
2017-11 100.4 102.3
2017-10 100.7 99.9
2017-09 99.6 99.4
2017-08 97.9 105.1
2017-07 97.6 108.7
2017-06 98.9 111.7
2017-05 98.7 117.5
2017-04 98.5 119.3
2017-03 97.3 116.5
2017-02 97.2 117.2
2017-01 96.7 115.9
2016-12 96.6 113.9
2016-11 94.8 111.1
2016-10 93.0 111.9
2016-09 91.9 110.5
2016-08 92.6 106.3
2016-07 93.3 106.2
2016-06 93.8 102.5
2016-05 94.1 96.6
2016-04 95.3 90.2
2016-03 96.6 92.9
2016-02 96.8 96.1
2016-01 97.6 97.0
2015-12 98.4 94.7
2015-11 100.1 99.2
2015-10 101.7 102.8
2015-09 102.3 101.9
2015-08 102.3 103.2
2015-07 102.1 100.0
2015-06 100.3 99.7
2015-05 99.1 100.4
2015-04 98.6 99.8
2015-03 98.5 101.3
2015-02 98.1 98.3
2015-01 98.3 98.0
2014-12 98.1 98.7
2014-11 96.9 99.8
2014-10 98.4 96.6
2014-09 99.9 97.9
2014-08 100.2 106.0
2014-07 100.5 111.0
2014-06 101.4 113.6
2014-05 103.1 118.8
2014-04 103.8 119.1
2014-03 103.8 107.2
2014-02 104.4 109.2
2014-01 104.6 116.8

Producer prices of pigs and large cattle

  • Source: INSEE

Egg and milk prices rose sharply year on year

In January 2023, egg prices rebounded sharply over one month (+13.0% after ‑3.6%). They remained up very sharply year on year (+77.7% after +73.2% in December), due to a combination of strong demand and reduced supply, notably because of avian flu. They have more than doubled since January 2020 (+114.1%). The price of cow milk also rebounded over one month (+7.0% after ‑2.8%). It rose sharply both year on year (+23.9% after +20.4%) and over three years (+37.4%).

Index of producer prices of agricultural products (IPPAP)

Seasonnaly adjusted - base and reference 100 in 2015
Index of producer prices of agricultural products (IPPAP) (Seasonnaly adjusted - base and reference 100 in 2015)
Variation as % over
Weights (2) Jan. 2023 a month 3 months a year
Agricultural goods output 1000 142.9 /// /// 10.7
excluding fruits and vegetables 906 143.6 1.1 -2.4 10.3
Crop output (excluding fruits and vegetables) 489 139.0 -1.6 -6.6 -2.3
Cereals 152 171.2 -4.3 -14.7 5.7
of which soft wheat* 90 171.5 -5.1 -14.9 6.6
grain maize* 27 183.8 -2.7 -17.1 14.5
Potatoes* 29 223.2 /// /// 4.1
Wines 200 108.6 0.6 2.5 -8.1
PDO wines* 112 114.4 0.9 4.7 -11.8
other wines 25 101.3 1.3 -0.5 -7.3
Oleaginous* 40 148.3 -2.8 -12.3 -20.7
Horticultural products 35 116.3 -1.3 1.0 4.3
Other crop products* 33 114.6 -0.3 -2.1 1.0
Fruit and vegetables* (1) 94 134.8 /// /// 16.6
Fresh vegetables* 45 162.4 /// /// 37.0
Fresh fruit* 32 134.8 /// /// 3.6
Animal output 417 148.9 3.9 2.5 28.3
Animals 255 142.0 1.6 0.5 27.9
of which large cattle 112 143.7 0.3 0.3 25.0
calves 20 119.3 0.2 1.0 12.7
pigs 49 156.3 5.3 0.3 46.3
sheep 14 129.0 -1.3 1.7 6.1
poultry 57 137.9 2.1 0.6 30.5
of which chicken* 39 135.2 3.0 -0.3 29.4
Milk 146 150.5 6.5 6.3 22.9
of which cow milk 135 153.3 7.0 6.7 23.9
Eggs 16 244.5 13.0 2.4 77.7
  • /// Not relevant due to the seasonal nature of the products
  • (1) Including vegetables for industry.
  • (2) Average weight year on year.
  • *: Not seasonnaly adjusted data (all series where seasonality has been detected are seasonally adjusted)
  • Sources : INSEE, SSP (ministry in charge of agriculture)

Input purchase prices were almost stable over one month and slowed down year on year

In January 2023, the purchase prices of intermediate consumption were almost stable over one month (+0.1%, after ‑1.5% in December 2022). Prices of fertilizers and soil improvers fell (‑5.5% after ‑3.2%) and those of other goods and services were stable (0.0% after +0.1%). Prices of energy (+5.5% after ‑6.6%) and maintenance of materials (+2.1% after +0.4%) rose sharply. The rise was more moderate for plant protection product (+0.8%, as in December), seed (+0.4% after +0.5%) and animal food (+0.2% after +0.1%) prices. Year on year, the purchase prices of intermediate consumption continued to decelerate in January 2023, but remained nevertheless on a sharp upward trend (+15.3% after +18.2% in December and +21.4% in November in annual terms). They were 40.1% higher than in January 2020.

In January 2023, prices of investment goods and services rose by 0.2% over one month (after ‑0.3%), by 7.4% year on year (after +8.2%) and by 19.5% over three years.

Indices of purchase prices of inputs of agricultural production (IPPIAP)

Raw data - base and reference 100 in 2015
Indices of purchase prices of inputs of agricultural production (IPPIAP) (Raw data - base and reference 100 in 2015)
Variation as % over
Weights Jan. 2023 a month 3 months a year
Total input 1000 139.6 0.1 -1.7 13.4
Intermediate consumptions 760 142.6 0.1 -2.2 15.3
Energy (1) 93 169.7 5.5 -6.6 19.8
Seeds 56 107.9 0.4 3.3 9.5
Fertilisers and soil improvers 107 196.2 -5.5 -11.0 16.0
Plant protection products 84 101.9 0.8 3.9 11.7
Animal feed 214 149.8 0.2 0.8 22.6
Veterinary expenses 37 122.6 1.1 1.7 6.3
Small equipment and tools 11 138.5 3.4 5.6 17.1
Maintenance of materials 88 127.3 2.1 2.8 8.7
Maintenance of buildings 9 120.8 0.0 0.6 5.0
Other goods and services 61 108.5 0.0 0.1 1.9
Goods and services contributing to investment 240 130.3 0.2 0.4 7.4
Material 168 127.7 0.3 1.8 8.4
Tractors 71 130.0 -0.2 2.8 7.0
Machinery and equipment for cultivation 33 124.0 1.2 2.1 5.4
Machinery and equipment for harvesting 38 128.8 0.9 0.4 12.6
Utility vehicles 16 119.7 0.8 1.8 10.2
Buildings 72 136.2 0.0 -2.5 5.2
  • (1) The repayment of the domestic tax on energy product (TICPE) benefiting farmers has been applied in advance for the year 2023.
  • Sources : INSEE, SSP (ministry in charge of agriculture)

Revisions

The year-on-year percentage change of the index of producer prices for agricultural products in December 2022 has been revised downwards by 0.2 percentage points at +10.5%, compared to the previous release. The year-on-year percentage change of the index of the purchase prices of inputs for agricultural production in December 2022 has been revised downwards by 0.1 percentage points at +15.8% (after rounding).

For further information

The index of producer prices for agricultural products (IPPAP) measures the change in product prices when the products are put on the market for the first time. It is published in base and reference 100 in 2015. The weight-coefficients of fresh fruit and vegetables change every month so that they reflect their seasonal pattern. Their variations should therefore be interpreted only year on year. If needed, indices are seasonally adjusted.

The index of the purchase prices of inputs for agricultural production (IPPIAP) reflects the price evolution of goods and services used in the agricultural process. It is not seasonally adjusted.

Further informations (including IPPAP and IPPIAP methodologies) are available through the “Documentation" tab on the web page of this publication.

Next issue: 31 March 2023 at 12:00 p.m.

Documentation

Agricultural means of production purchasing price index

Agricultural producer price index

Pour en savoir plus

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Time series : Indices of agricultural prices