The European Value Added in crop and animal production exhibits diverse country-specific performances. As of 2023, Spain leads with 27.95 million euros, reflecting a 1.82% year-on-year increase. Germany and Ireland show significant growth with 4.08% and 4.27% increases respectively. In contrast, Finland and Slovakia experience declines at -1.13% and -3.45%. Over the past five years, the compound annual growth rate (CAGR) highlights varying average yearly growth, typically in low single digits across most nations, indicating moderately stable trends in production value.
Future trends to watch include:
- Impact of climate change on production yields.
- Technological advancements in agriculture boosting efficiency.
- Policy changes affecting trade and subsidies within the EU.
- Shift in consumer preferences towards sustainable and organic products.
Top countries in Value Added of Crop and Animal Production, Hunting and Related Service Activities Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 27.95 | 2023 | +1.85% | +1.82% | View data |
| 2 | 2 Italy | 26.53 | 2023 | +0.63% | +0.51% | View data |
| 3 | 3 Germany | 18.69 | 2023 | +1.1% | +4.08% | View data |
| 4 | 4 Netherlands | 10.9 | 2023 | +1.14% | +1.6% | View data |
| 5 | 5 Greece | 5.06 | 2023 | -0.01% | +0.8% | View data |
| 6 | 6 Austria | 2.79 | 2023 | +1.12% | +1.05% | View data |
| 7 | 7 Ireland | 2.76 | 2023 | +2.54% | +4.27% | View data |
| 8 | 8 Belgium | 2.52 | 2023 | +1.05% | +3.08% | View data |
| 9 | 9 Finland | 1.04 | 2023 | -0.94% | -1.13% | View data |
| 10 | 10 Slovakia | 0.9 | 2023 | +0.71% | -3.45% | View data |
