European Agricultural Products and Livestock Gross Value Added by Country

In 2024, Spain maintains its leading position in European Agricultural Products and Livestock Gross Value Added (GVA) at 32.19 billion Euros, showing a modest year-on-year growth of 0.9%. Italy follows closely at 31.64 billion Euros with a marginal growth of 0.069%. The Netherlands, at 13.68 billion Euros, experienced strong growth at 2.19%. Austria, with 4.66 billion Euros, saw a significant rise of 8.1%, similar to Ireland's substantial 9.78% growth to 4.34 billion Euros. Portugal, registering 3.58 billion Euros, grew by 4.12%, while smaller economies such as Slovakia (1.38 billion Euros) and Luxembourg (0.15638 billion Euros) noted growths of 0.97% and 3.97%, respectively. On the contrary, Slovenia observed a decline of 3.03% in its GVA. Smaller countries like Estonia, Cyprus, and Malta showed mixed results, with Estonia achieving a notable increase of 10.58%, Cyprus rising by 1.41%, and Malta by 1.09%.

Future trends to watch for include the impact of sustainable agricultural practices, climate change policies, and technological advancements in farming and livestock management. Additionally, market dynamics post-Brexit and the EU's Common Agricultural Policy reforms will likely influence GVA across European countries. The focus on organic farming, local sourcing, and the integration of digital technology in agriculture may further shape the sector's development in the coming years.