The European Value Added of Agriculture, Hunting and Forestry in 2023 shows Spain leading with 35.01 billion euros. Italy and Germany follow closely, with Italy at 34.55 billion euros and Germany at 25.17 billion euros. Notable year-on-year growth is observed in Ireland at 4.33%, Belgium at 2.94%, and Germany at 2.69%. Conversely, Slovakia experienced a negative variation of -1.69%. The Compound Annual Growth Rate (CAGR) over the past five years indicates steady growth across most countries, reflecting resilience and strategic advancements in the sector.
Future trends to watch include:
- Adoption of advanced agricultural technologies and sustainable practices.
- Impact of climate change on forestry and agricultural productivity.
- Potential policy shifts post-Brexit affecting trade and subsidies.
- Increasing role of organic farming and local production in market dynamics.
Top countries in Value Added of Agriculture, Hunting and Forestry by Country
# | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Spain | 35,010 | 2023 | +1.77% | +1.72% | View data |
2 | 2 Italy | 34,550 | 2023 | +0.71% | +0.6% | View data |
3 | 3 Germany | 25,170 | 2023 | +0.85% | +2.69% | View data |
4 | 4 Netherlands | 13,460 | 2023 | +1.15% | +1.61% | View data |
5 | 5 Greece | 6,280 | 2023 | +0.14% | +0.93% | View data |
6 | 6 Finland | 5,830 | 2023 | +1.57% | +1.32% | View data |
7 | 7 Austria | 4,600 | 2023 | +0.95% | +0.92% | View data |
8 | 8 Ireland | 3,400 | 2023 | +2.52% | +4.33% | View data |
9 | 9 Belgium | 3,150 | 2023 | +0.97% | +2.94% | View data |
10 | 10 Slovakia | 1,760 | 2023 | +1.18% | -1.69% | View data |