Total agricultural production in the EU increased by 2.4% in 2019
Estonia
Poland
Published Nov 17, 2020
Tridge summary
The economic accounts of agriculture show that total agricultural production in the European Union stood at 418,000 million euros in basic prices in 2019, 2.4% more than in 2018, according to data released this Monday by Eurostat.
Original content
The equivalent of 56.6% (or 236.5 billion euros) of the value of agricultural production generated last year was spent on intermediate consumption (input goods and services), while gross value added (that is, the value of production minus the value of intermediate consumption) was the equivalent of 43.4% (or 181.5 billion euros). The combination of the increase in the value of agricultural production and a limited increase in intermediate consumption (+ 0.8%) resulted in a strong increase in gross value added (+ 4.5%) generated by the EU agricultural industry in 2019 compared to 2018. At € 77 billion (or about 18% of the EU total) in 2019, France had the highest total agricultural production among Member States, followed by Germany (€ 58.2 billion, or the 14%), Italy (€ 57.8 billion, or also 14%) and Spain (€ 51.7 billion or 12%), the Netherlands (€ 29.1 billion or 7%), Poland (€ 26.4 billion or the 6%) and Romania (€ 19 billion or 5%). In three-quarters of the EU Member States, ...
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