Input costs jump as farmers pay €7.7bn in 2022
Fertiliser experienced the largest increase of all input costs, up 137%, and with volumes down by 16%, the costs to Irish farmers almost doubled in 2022.
The cost of fertiliser almost doubled in 2022 with farmers paying €1.2bn on the farm input, according to figures from the CSO.
It is estimated that intermediate consumption costs for farmers grew by 26% to €7.7bn in 2022, a year that proved to be very challenging for farm enterprises.
