Belgium’s productiveness up 31%
28 December 2023
2 minute learn
Consistent with the primary initial knowledge for 2023 from the industrial accounts for agriculture (EAA), the index of agricultural labour productiveness within the EU is estimated to have lowered year-on-year via 6.6%, after expansion between 2019 and 2022, consistent with a contemporary Eurostat document.
This downturn used to be underpinned via a 7.9% lower in the actual worth of the source of revenue generated via devices engaged in agricultural manufacturing actions (issue source of revenue) and an extra relief (-1.4%) within the quantity of agricultural labour (as measured via annual paintings devices, representing full-time labour equivalents).
This data comes from knowledge on agriculture printed via Eurostat.
Maximum EU international locations (19) registered decrease agricultural labour productiveness in 2023 (as measured via the index of the actual source of revenue of things in agriculture in keeping with annual paintings unit). The steepest charges of decline had been for Estonia (-57.9%), Sweden (-31.7%), Eire (-30.3%), Lithuania (-30.2%) and Bulgaria (-28.6%).
However, there have been upper ranges in 7 EU international locations; the sharpest charge of build up used to be in Belgium (+31.0%), adopted via Spain (+11.1%), Portugal (+9.9%), Hungary (+5.5%), Italy (+4.2%), Malta (+3.3%) and Slovenia (+0.3%). Those will increase had been because of decrease costs of fertilisers and enter and better costs of goods during which those international locations are specialized, comparable to olive oil, potatoes or swine.
The gross worth added via the EU’s agricultural trade, which is the variation between the worth of agricultural output and the prices of the services and products and items used within the manufacturing procedure (intermediate intake), held fairly secure (+0.9%) in 2023 after a pointy upward push (+15.1%) in 2022. In flip, this mirrored costs that remained fairly unchanged after sturdy expansion in 2021 and 2022, each for output (+0.5%) and intermediate intake (-0.9%), in addition to volumes that had been down best moderately for output (-1.0%) and intermediate intake (-0.6%).
EU agricultural labour productiveness 35% upper in 2023 than in 2015
In spite of the downturn in 2023, the index degree of EU actual issue source of revenue in 2023 remained 10.1% upper than in 2015. This source of revenue used to be nominally shared amongst a way smaller quantity of labour; the index of agricultural labour enter declined via 18.2% over the similar duration. In combination, those adjustments ended in EU agricultural labour productiveness (Indicator A) being 34.6% upper in 2023 than in 2015, in spite of the estimated downturn in 2023.
