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Agricultural output of the EU down by 1 % in 2020

In 2020, the economic accounts for agriculture show that total agricultural output in the EU stood at EUR 414,1 billion in basic prices, down by 1.1 % compared with 2019. This information comes from final 2020 estimates on the agriculture sector published recently by Eurostat. The article presents a handful of findings from the more detailed Statistics Explained article.

With EUR 76.3 bn (or about 18.4 % of the EU total) in 2020, France had the highest total agricultural output among the Member States, followed by Germany (EUR 57.6 bn, or 13.9 %), Italy (EUR 56.9 bn, or also 13.7 %), Spain (EUR 52.3 bn, or 12.6 %), the Netherlands (EUR 28.2 bn, or 6.8 %) and Poland (EUR 26.4 bn, or 6.4 %).

 

In 2020, 11 out of 27 EU Member States registered a decrease in the value of agricultural output. The biggest declines were recorded in Romania (-11.3 %), Malta and Bulgaria (both -4.5 %), Finland (-3.9 %), Hungary and the Netherlands (both -3.1 %). In contrast, the highest increases, in relative terms, were registered in Lithuania (+8.6 %), Ireland (+4.6 %), Slovakia (+3.8 %), Latvia (3.1 %), and Cyprus (2.8 %).

Among the Member States with the largest agricultural industry, the value of total agricultural output decreased by 2.3 % in Italy, 1.9 % in France, and 1.6 % in Germany, while it increased by 1.1 % in Spain.

The value of both EU’s crop and animal output registered decreases of 1.0 % and 1.1 %, respectively.

When it comes to EU agricultural input costs (intermediate consumption), there was a slight decrease of 1.1 %, as compared to the previous year, which resulted in a stronger rate of decline (1.3%) in the gross value added generated by agriculture.

For more information:

www.ec.europa.eu/eurostat/

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