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
|