Agricultural production up by 6.2% in the EU and by 8.8% in Cyprus

The economic accounts for agriculture show that total agricultural output in the European Union (EU) stood at Euros 432.6 billion in basic prices in 2017, up by 6.2% compared with 2016. In Cyprus the same output stood at 0.7billion, registering a total increase of 8.8% compared to 2016 (crops increased by 8.7% and the animal production output by 9.3%).

With Euros 72.6 bn (or 17% of the EU total) in 2017, France had the highest total agricultural output among Member States. It was followed by Germany (Euros 56.2bn, or 13%), Italy (Euros 55.1 bn, or 13%), Spain (Euros 50.6 bn, or 12%), the United Kingdom (Euros 31.8 bn, or 7%), the Netherlands (Euros 28.9 bn, or 7%), Poland (Euros 24.9 bn, or 6%) and Romania (Euros 17.5 bn, or 4%).

In almost all EU Member States, the value of agricultural output increased in 2017. The highest increase, in relative terms, was recorded in Estonia (+18.2%), ahead of Ireland (+13.6%), Romania (+13.2%), the United Kingdom (+12.6%) and Poland (+11.1%). In contrast, the value of agricultural output decreased in Slovenia (-4.7%) and Malta (-3.1%), and remained stable in Croatia and Slovakia. Among the Member States with the largest agricultural industry, the value of total agricultural output increased by 8.6% in Germany, 4.5 % in Spain, 3.2% in France and 2.2% in Italy.

The 6.2% increase in EU agricultural output in 2017 compared with 2016 can be largely attributed to an increase in the value of animal output (+10.3%), itself largely reflecting an increase in prices (+10.3%).

The higher value of animal output in 2017 was due mainly to rises of 20.2% for milk, 17.9% for eggs and 11.6% for pigs, mostly as a result of increases in prices. The value of crop output increased in the EU by 3.6%, with volume up by 1.7% and prices up by 1.9%. The rise was mainly due to increases of 10.2% for wheat and spelt and of 7.7% for industrial crops. EU agricultural input costs (intermediate consumption) increased (+1.8%). This was mainly due to a rise of 5.9% for energy and lubricants, although this was partially offset by a decrease for fertilisers and soil improvers of 4.9%.

Source: Cyprus News Agency