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Agriculture Industry

Dáil Éireann Debate, Tuesday - 25 October 2022

Tuesday, 25 October 2022

Ceisteanna (95)

Peadar Tóibín

Ceist:

95. Deputy Peadar Tóibín asked the Minister for Agriculture, Food and the Marine if his Department has undertaken efforts to measure the average percentage increase in the cost of fertiliser in each of the past five years; and if so, if he will provide such statistics. [53057/22]

Amharc ar fhreagra

Freagraí scríofa

The Central Statistics Office (CSO) monitors trends in prices paid by farmers for purchases of goods and services, including fertilisers.

The fertiliser year is 1st October to 30th of September. The table below shows the latest full year CSO relative price index for fertilisers since 2015. As can be seen from the data there have been significant fluctuations in the price of fertiliser over the period.

Annual Fertiliser Price Index 2015-2021

2015

2016

2017

2018

2019

2020

2021

100

86.2

81.5

86.4

90.9

81.3

93.8

Source: CSO; Base Year 2015=100

Fertiliser prices rose significantly over the 2022 fertiliser year as shown in the table below.

Oct 21

Nov 21

Dec 21

Jan 22

Feb 22

Mar 22

Apr 22

May 22

Jun 22

Jul 22

Aug 22

120.8

123.2

147.7

179.9

193.4

216.0

250.8

248.6

232.8

226.5

228.2

Source: CSO.

Overall, there has been 90% increase in fertilisers price between October 2021 and August 2022. The percentage increase differs between fertilising products.

Finally, the following table sets out, in very general terms, the approximate price of the most common types of fertiliser based on analysis by my Department.

Product

2016

2017

2018

2019

2020

Jan-21

Dec-21

Jan-22

Aug-22

(€ per tonne)

(€ per tonne)

(€ per tonne)

(€ per tonne)

(€ per tonne)

(€ per tonne)

(€ per tonne)

(€ per tonne)

(€ per tonne)

(€ per tonne)

CAN

€270

€240

€250

€270

€240

€220

€690

€695

€850

Urea

€360

€348

€355

€372

€340

€320

€990

€905

€960

27-2.5-5

€390

€341

€350

€380

€350

€320

€810

€815

€950

18-6-12

€380

€342

€345

€370

€340

€320

€750

€755

€950

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