Meat of cattle with the bone, fresh or chilled — Producer Price in Iceland
Iceland: Meat of cattle with the bone, fresh or chilled — Producer Price was 783,995 LCU in 2024. ▲ Rising
Meat of cattle with the bone, fresh or chilled — Producer Price in Iceland, 1998–2024
Source: Food and Agriculture Organization of the United Nations. Measured in LCU.
Analysis
In 2024, meat of cattle with the bone, fresh or chilled — producer price in Iceland stood at 783,995 LCU. That is the highest value across all 27 years on record.
Compared with earlier readings it is up 0.8% on the previous year and up 45.4% over ten years.
Over the whole period, meat of cattle with the bone, fresh or chilled — producer price in Iceland peaked at 783,995 LCU in 2024 and was at its lowest, 161,035 LCU, in 1998.
Iceland ranks 21st of 85 countries on this measure, in the top quarter.
The long-run direction has been consistently rising across the 27 years of available data.
Meat of cattle with the bone, fresh or chilled — Producer Price in Iceland, year by year
| Year | LCU | Change |
|---|---|---|
| 1998 | 161,035 LCU | — |
| 1999 | 273,440 LCU | +69.8% |
| 2000 | 262,290 LCU | -4.1% |
| 2001 | 247,750 LCU | -5.5% |
| 2002 | 235,280 LCU | -5.0% |
| 2003 | 234,630 LCU | -0.3% |
| 2004 | 257,620 LCU | +9.8% |
| 2005 | 309,020 LCU | +20.0% |
| 2006 | 358,000 LCU | +15.9% |
| 2007 | 360,000 LCU | +0.6% |
| 2008 | 403,710 LCU | +12.1% |
| 2009 | 404,390 LCU | +0.2% |
| 2010 | 542,170 LCU | +34.1% |
| 2011 | 488,220 LCU | -10.0% |
| 2012 | 519,220 LCU | +6.3% |
| 2013 | 524,720 LCU | +1.1% |
| 2014 | 539,300 LCU | +2.8% |
| 2015 | 530,600 LCU | -1.6% |
| 2016 | 682,440 LCU | +28.6% |
| 2017 | 690,177 LCU | +1.1% |
| 2018 | 646,000 LCU | -6.4% |
| 2019 | 618,302 LCU | -4.3% |
| 2020 | 581,400 LCU | -6.0% |
| 2021 | 588,616 LCU | +1.2% |
| 2022 | 633,956 LCU | +7.7% |
| 2023 | 777,810 LCU | +22.7% |
| 2024 | 783,995 LCU | +0.8% |
Iceland compared with similar countries
- Iceland's 783,995 LCU is above the median for high income countries, which is 5,300 LCU, 147.9× the median. (30 countries reporting)
- Iceland's 783,995 LCU is above the median for Europe & Central Asia, which is 5,908 LCU, 132.7× the median. (30 countries reporting)
Biggest year-on-year movements
Years where Meat of cattle with the bone, fresh or chilled — Producer Price in Iceland changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1999 | +69.8% | 161,035 LCU | 273,440 LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 217,238 LCU | 161,035 LCU | 273,440 LCU | 2 |
| 2000s | 307,269 LCU | 234,630 LCU | 404,390 LCU | 10 |
| 2010s | 578,115 LCU | 488,220 LCU | 690,177 LCU | 10 |
| 2020s | 673,155 LCU | 581,400 LCU | 783,995 LCU | 5 |
Countries ranked near Iceland
More agriculture & rural data for Iceland
- Agriculture, forestry, and fishing, value added (current US$), annual 19.96 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 0.0365 current US$ per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current US$), per 3,593 current US$ per person (2025)
- Rural population, annual growth rate 0.8983 % change on previous year (2025)
- Rural population, per unit of GDP 0 units per US$ of GDP (2025)
- Rural population, per capita 0.0578 units per person (2025)
- Share of GDP from agriculture 3.7% (2025)
- Agriculture as a share of GDP vs. GDP per capita 3.7% (2025)
- Agricultural raw materials exports 0.5% (2025)
- Agricultural raw materials imports 1.0% (2025)
Frequently asked questions
- What is meat of cattle with the bone, fresh or chilled — producer price in Iceland?
- Meat of cattle with the bone, fresh or chilled — producer price in Iceland was 783,995 LCU in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest meat of cattle with the bone, fresh or chilled — producer price recorded in Iceland?
- The highest recorded value was 783,995 LCU in 2024.
- What is the lowest meat of cattle with the bone, fresh or chilled — producer price recorded in Iceland?
- The lowest recorded value was 161,035 LCU in 1998.
- How does Iceland rank for meat of cattle with the bone, fresh or chilled — producer price?
- Iceland ranks 21st out of 85 countries with data for 2024.
- Is meat of cattle with the bone, fresh or chilled — producer price rising or falling in Iceland?
- Over the last ten years it is up 45.4%. The long-run trend across the full record is rising.
- Where does this Iceland data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Meat of cattle with the bone, fresh or chilled — Producer Price (LCU/tonne). Statizoid updates them automatically from the source API.
Download this data
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About this data
This sub-domain contains data on agriculture producer prices and the producer price index. Agriculture producer prices are prices received by farmers for primary crops, live animals and livestock primary products as collected at the point of initial sale (prices paid at the farm gate). Annual data are provided from 1991 (while mothly data start in January 2010) for 180 countries and 212 products. The producer price index is the index of agricultural producer prices that measures the average annual change over time in the selling prices received by farmers (prices at the farm gate or at the first point of sale). The three categories of producer price index available in FAOSTAT comprise: single-item price index, commodity group index and the agriculture producer price index.