12 December 2012
First estimates for 2012
EU27 real agricultural income per worker up by 1.0%
EU27 real agricultural income per worker1 has increased by 1.0% in 2012, after an increase of 8.0% in 2011, according to first estimates2 issued by Eurostat, the statistical office of the European Union. This increase results from a rise in real agricultural income (+0.5%), together with a reduction in agricultural labour input (-0.5%). These estimates for the EU27 are based on data supplied by the national authorities in the Member States.
Between 2005 and 2012, EU27 real agricultural income per worker is estimated to have increased by 29.7%, while agricultural labour input has fallen by 20.0%.
The increase in EU27 real agricultural income in 2012 is mainly the result of a rise in the value of the output of the agricultural sector at producer prices in real terms (+1.8%), while input costs in real terms grew (+1.6%).
Real agricultural income per worker in 2012 is estimated to have risen in sixteen Member States and fallen in eleven. The highest increases are expected in Belgium (+30.0%), the Netherlands (+14.9%), Lithuania (+13.6%) and Germany (+12.1%), and the largest decreases in Romania (-16.4%), Hungary (-15.7%) and Slovenia
Change in real agricultural income per worker1 in 2012
% change 2012/2011
Indices in 2012 (2005=100)
% change 2012/2011
Indices in 2012 (2005=100)
: Data not available
In 2012, the value of EU27 agricultural output at producer prices is estimated to have increased by 1.8%, mainly due to a small increase in real terms in the value of crop production (+0.5%) and a larger one for animal production (+3.8%).
The rise in the value of crop production is due to an increase in real prices (+6.3%) counterbalanced by a decrease in volume (-5.4%). Volumes fell for most groups of crops: plants and flowers (-0.8%), fresh vegetables (-2.0%), sugar beet (-6.2%), fruits (-6.5%), cereals (-7.3%), oilseeds (-7.9%), and particularly for potatoes (-13.8%) and wine (-15.6%). Prices rose for all groups of crops: sugar beet (+1.2%), plants and flowers (+1.4%), potatoes (+3.2%), fruits (+4.7%), wine (+6.2%), fresh vegetables (+7.8%), oilseeds (+8.8%) and cereals (+9.1%). Olive oil was the only product to show an increase in both volume (+9.2%) and price (+0.9%).
The increase in the value of animal production is mainly due to an increase in prices (+3.9%) while volume slightly decreased (-0.2%). Volumes fell for cattle (-2.4%), eggs (-1.8%), sheep and goats (-1.2%) and pigs (-1.0%), but rose for milk (+0.9%) and poultry (+2.7%). Prices fell for milk (-5.4%) and sheep and goats (-1.3%), while they rose for poultry (+1.9%), cattle (+8.5%), pigs (+10.2%) and most significantly for eggs (+36.2%).
EU27 agricultural input costs (intermediate consumption) are estimated to have risen by 1.6% in real terms, mainly due to an increase in prices (+3.2%), in particular for maintenance of buildings (+3.5%), feedingstuffs (+3.7%), seeds and planting stocks (+4.7%), energy and lubricants (+6.3%), financial intermediation services (+6.6%) and fertilisers and soil improvers (+6.7%).
Agricultural income comprises the income generated by agricultural activities (as well as inseparable non-agricultural, secondary activities) over a given accounting period (i.e. the calendar year 2012), even though in certain cases the corresponding revenues will not be received until a later date. It does not, therefore, constitute the income effectively received in the course of the accounting period itself. Moreover, it must not be confused with the total income of farming households as it does not comprise income from other sources (non-agricultural activities, salaries, social benefits, income from property).
The present estimates have been compiled by the national authorities in the Member States of the European Union in accordance with the methodology of the Economic Accounts for Agriculture (Regulation (EC) No 138/2004), which is close to the methodology of the national accounts, ESA95, but incorporates a number of changes to take account of the special features of the agricultural economy.
The real income of factors in agriculture, per annual work unit, corresponds to the real net value added at factor cost of agriculture, per total annual work unit. Net value added at factor cost is calculated by subtracting from the value of agricultural output at basic prices the value of intermediate consumption, the consumption of fixed capital and production taxes, and adding the value of production subsidies.
All value and price data in this New Release are presented in real terms, i.e. adjusted using the implicit deflators in Gross Domestic Product (GDP). The deflators for 2012 are provisional.
In order to take account of part-time and seasonal work, agricultural labour or changes therein are measured in annual work units (AWUs). In this News Release one AWU is defined as the work-time equivalent of a full-time worker.
These data, based on first estimates provided by the Member States, Norway, Switzerland and Croatia are provisional. In February/March 2013, Eurostat will publish a revised set of estimates.
Published by: Eurostat Press Office
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Ruben GARCIA NUEVO
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