The European Agricultural Services Output Production data for 2024 shows Italy leading with 5.39 billion euros, followed by France at 5.28 billion euros and the Netherlands at 3.21 billion euros. Germany and the United Kingdom trail with 3.03 billion euros and 1.54 billion euros respectively. Notable high-percentage year-on-year increases include Romania (18.7%), Belgium (14.5%), Latvia (10.31%), and Portugal (9.47%). Conversely, Croatia and Luxembourg saw negative growth, at -0.65% and -6.87% respectively. The Compound Annual Growth Rate (CAGR) over the last five years provides additional context for these trends.
Future trends to watch in European Agricultural Services Output Production include increased digitalization and adoption of precision agriculture techniques, driven by advancements in technology and a growing focus on sustainability. Additionally, emerging market economies such as Romania may continue to see substantial growth, influenced by investment and development in agricultural infrastructure and services. Policies related to the European Green Deal and climate change might heavily influence future output and productivity across various countries.
Top countries in Agricultural Services Output Production by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 5,390 | 2023 | +0.92% | +1.46% | View data |
| 2 | 2 France | 5,280 | 2023 | +1.86% | +2.61% | View data |
| 3 | 3 Netherlands | 3,210 | 2023 | +2.97% | +3.55% | View data |
| 4 | 4 Germany | 3,030 | 2023 | +2.81% | +4.55% | View data |
| 5 | 5 United Kingdom | 1,540 | 2023 | +1.53% | +2% | View data |
| 6 | 6 Switzerland | 744.45 | 2023 | +1.6% | +5.04% | View data |
| 7 | 7 Spain | 705.98 | 2023 | +0.2% | +5.94% | View data |
| 8 | 8 Poland | 651.3 | 2023 | -10.96% | +3.32% | View data |
| 9 | 9 Denmark | 630.64 | 2023 | +1.56% | +1.37% | View data |
| 10 | 10 Romania | 622.63 | 2023 | +10.09% | +18.7% | View data |
