In 2023, France led European agricultural production with 85.67 billion euros, followed by Italy at 57.6 billion and Germany at 52.85 billion. The Netherlands and Greece rounded out the top five. Year-on-year, France grew just 0.089%, whereas Estonia experienced significant 1.86% growth. Germany and the Netherlands both grew by 0.79%, while Greece saw a 1.16% increase. The compound annual growth rate (CAGR) for these countries over the past five years shows moderate growth, emphasizing stability in the sector.
Future trends to monitor include technological advancements in sustainable farming, evolving EU policies on agricultural subsidies, and climate change impacts on productivity. Watch for potential growth in lesser-known markets such as Estonia and Greece, driven by innovation and niche farming practices.
Top countries in Production Volumes of Agriculture, Hunting and Forestry by Country
# | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 France | 85,670 | 2023 | +0.18% | +0.089% | View data |
2 | 2 Italy | 57,600 | 2023 | +0.11% | +0.012% | View data |
3 | 3 Germany | 52,850 | 2023 | -0.11% | +0.79% | View data |
4 | 4 Netherlands | 31,570 | 2023 | +0.63% | +0.79% | View data |
5 | 5 Greece | 13,290 | 2023 | +0.71% | +1.16% | View data |
6 | 6 Austria | 10,120 | 2023 | +0.62% | +0.51% | View data |
7 | 7 Finland | 9,980 | 2023 | +0.76% | +0.85% | View data |
8 | 8 Belgium | 9,360 | 2023 | +0.16% | +0.44% | View data |
9 | 9 Slovenia | 1,980 | 2023 | +1.08% | +0.46% | View data |
10 | 10 Estonia | 1,770 | 2023 | +1.85% | +1.86% | View data |