In 2023, European animal product subsidies varied significantly, with Switzerland and Norway being the top recipients. Notably in 2023, Switzerland observed a substantial rise of 9.21% in subsidies, whereas Norway experienced a slight decline of 1.66%. Portugal saw the highest growth rate at 12.51%, whereas Belgium decreased by 3.98%. Trends over the five years show slower overall CAGR growth as subsidies evolved at variable rates across the continent.
Future trends worth considering include economic and agricultural policy changes that may influence funding allocations, as well as any shifts towards more sustainable farming initiatives that could redirect subsidies in environmental contexts.
Top countries in Animal Products Subsidies by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 394.13 | 2023 | +2.25% | +9.21% | View data |
| 2 | 2 Norway | 325.26 | 2023 | -2.47% | -1.66% | View data |
| 3 | 3 Finland | 205.36 | 2023 | +4.79% | +0.59% | View data |
| 4 | 4 Spain | 90.93 | 2023 | -4.62% | -0.98% | View data |
| 5 | 5 France | 80.23 | 2023 | -8.41% | -2.16% | View data |
| 6 | 6 Czech Republic | 67.04 | 2023 | +2.73% | +6.22% | View data |
| 7 | 7 Iceland | 57.56 | 2023 | +9.3% | +2.85% | View data |
| 8 | 8 Portugal | 41.66 | 2023 | -0.36% | +12.51% | View data |
| 9 | 9 Sweden | 40.35 | 2023 | +3.59% | +2.22% | View data |
| 10 | 10 Bulgaria | 39.19 | 2023 | +13.96% | +0.85% | View data |
