The office indicated that 2024 marked the second consecutive year of a slight decline in this indicator.
“This nominal value variation reflected a balance between a slight increase in production volume (+1%) and a drop in the nominal prices of agricultural goods and services (-1.8%),” Eurostat stated in its report.
Member’s states with the highest agricultural production value last year were France (€88.3 billion), Germany (€75.5 billion), Italy (€70.2 billion) and Spain (€68.7 billion).
They were followed by the Netherlands (€41.3 billion), Poland (€39.5 billion) and Romania (€20.2 billion).
According to Eurostat, three-quarters (75.9%) of the EU’s total agricultural production value was generated in these seven countries.
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Eurostat added that in fifteen member states, the value of agricultural production was higher in 2024 than in 2023. The largest increases were recorded in Ireland (+8.9%), Croatia (+8.8%), and Sweden (+5%), while the sharpest declines occurred in France (-9%), Romania (-8.5%), and Bulgaria (-8%).
Half of the EU’s total agricultural output value (50.3%) in 2024 came from crops (€267.7 billion), while animals and animal products accounted for just over two-fifths (41.1%), or €218.8 billion. The remainder was generated through agricultural services and secondary activities.
The cost of non-investment agricultural inputs (intermediate consumption) in the EU was 3.7% lower in 2024 than in 2023, amounting to €303.3 billion.
Changes in agricultural output and intermediate consumption in 2024 led to a 3.1% increase in the gross value added generated by agriculture, reaching €228.6 billion.
