Horticulture Crop Input Price Inflation 2023
Horticulture Crop Input Price Inflation 2023 report, produced by the Teagasc Horticulture Development Department.
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The key objective of this report, as with previous reports is to surface up to date facts about specific inputs price increases now compared to March 2022. We are taking a snapshot of input prices now in order to assess the increases in costs of production for this season. This is an important exercise, as prices negotiated now for product delivered in 2023 will need to reflect these increases.
Obviously, certain inputs are specific to enterprise type. The report takes account of the most important and the relative importance of inputs to the different sectors of horticulture production arriving at average increases in input prices in each sector for 2023. Finally, it speaks to the current and potential impacts of very high input prices for primary producers now and for the rest of 2023 season. This is now the third report of this type, first produced in 2021.