Cyprus recorded a 3.5% year-on-year increase in agricultural output prices in the second quarter of 2026, placing it among the strongest performers in the EU, according to Eurostat. The increase came as agricultural output prices across the EU fell 5.8% from a year earlier, marking the third consecutive quarter of annual decline.
Cyprus Among Few EU Countries With Higher Prices
Only Croatia and Malta recorded stronger growth than Cyprus, with agricultural output prices rising 3.9% in both countries. Just seven EU member states reported annual increases during the quarter.
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Prices fell in 20 countries, led by Denmark with a 17.2% decline and Ireland with a 16.2% drop. Latvia and Estonia each recorded declines of 14.5%, while Luxembourg and Lithuania both fell 14.2%.
Agricultural Input Costs Rise Across Europe
Agricultural input prices increased in every EU country during the second quarter, covering costs such as energy, fertilizers and animal feed. Across the bloc, input prices rose 4.7% year on year, after remaining relatively stable through 2025 and the first quarter of 2026.
Lithuania recorded the sharpest increase at 16.4%, followed by Romania at 11.7% and Latvia at 9.7%. Hungary and Portugal posted the smallest increases at 1.2%, while Malta recorded a 1.5% rise.
Cyprus Faces A More Favorable Pricing Environment
Cyprus stood out because its agricultural output prices increased despite the broader rise in production costs. That combination provided a more favorable pricing environment for Cypriot farmers than in most EU markets, where falling output prices coincided with higher input costs.
The figures compare agricultural prices in the second quarter of 2026 with the same period in 2025.
