European Union - 27 real agricultural income per worker up by 12.3%

EU27 real agricultural income per worker1 has increased by 12.3% in 2010, following a decrease of 10.7% in 2009, according to first estimates2 issued by Eurostat, the statistical office of the European Union. This increase results from a rise in real agricultural income (+9.9%), together with a fall in agricultural labour input (-2.2%). These estimates for the EU27 are based on data supplied by the national authorities in the Member States.
Monday 20 December 2010 (7 years 5 months 1 days ago)
EU27 real agricultural income per worker1 has increased by 12.3% in 2010, following a decrease of 10.7% in 2009, according to first estimates2 issued by Eurostat, the statistical office of the European Union. This increase results from a rise in real agricultural income (+9.9%), together with a fall in agricultural labour input (-2.2%). These estimates for the EU27 are based on data supplied by the national authorities in the Member States.

The increase in EU27 real agricultural income in 2010 is mainly the result of a rise in the value of agricultural output at producer prices in real terms (+4.3%), while input costs in real terms grew (+0.8%). The fall in the real value of subsidies net of taxes (-1.2%) and the slight rise in depreciation in real terms (+0.4%) have a marginal impact.
Real agricultural income per worker in 2010 is estimated to have risen in 21 Member States and to have fallen in six. The highest rises are expected in Denmark (+54.8%), Estonia (+48.8%), Ireland (+39.1%), the Netherlands (+32.0%), France (+31.4%), Latvia (+25.5%), Belgium (+24.1%), Bulgaria (+23.0%) and Germany (+22.8%), and the largest falls in Romania and the United Kingdom (both -8.2%), Greece (-4.3%) and Italy (-3.3%).
In 2010, the value of EU27 agricultural output at producer prices is estimated to have increased by 4.3%, mainly due to an increase in the value of both crop production (+6.3%) and animal production (+2.4%) in real terms.

The increase in the value of animal production in 2010 is the result of an increase in both producer prices (+2.0%) and volume (+0.4%). Prices are rising for milk (+9.4%), sheep and goats (+7.0%) and cattle (+0.4%), while they are estimated to fall for pigs (-2.6%). The volume rose for milk production (+1.4%), remains at almost the same level for pigs (+0.1%) and slightly decreased for cattle (-0.8%).

http://europa.eu/rapid/pressReleasesAction.do?reference=STAT/10/201&format=HTML&aged=0&language=EN&guiLanguage=en

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