TheCattleSite.com - news, features, articles and disease information for the cattle industry

Irish CSO Reports


22 June 2012

Irish CSO - Output, Input and Income in AgricultureIrish CSO - Output, Input and Income in Agriculture

Comparing 2011 with 2010 shows that the value of cattle output increased by 19.5%, or €292.5m, primarily due to higher prices in 2011.
CentralStatisticsOffice

Agricultural income up 30.1% in 2011

Selected Income Indicators

Agricultural income (operating surplus) for 2011 shows an annual increase of 30.1% before deductions for interest payments and land rental (see Table 1). This follows a 27.4% increase in 2010. The increase of 30.1% in 2011 can be mostly attributed to an increase of 16.8% in goods output.

These figures update the preliminary estimates published in February 2012 using final annual data rather than estimates as used in the Preliminary accounts release.

Comparing 2011 with 2010 shows that:

  • The value of goods output by the agriculture sector increased by 16.8% in 2011, or €907.7m.
  • The value of cattle output increased by 19.5%, or €292.5m, primarily due to higher prices in 2011.
  • The value of pigs output increased by 19.5%, or €64m, primarily due to an increase in volume during 2011.
  • The value of milk output increased by 18.8%, or €289.9m, due to increases in volume and price during 2011.
  • Total intermediate consumption increased by 13.7%, or €588.1m, in 2011.

Details of the operating surplus of individual member states in 2011 is given on page 9. This table shows an increase of 7.2% in operating surplus between 2010 and 2011 across the 27 member states.

June 2012

DOWNLOAD REPORT:- Download this report here

Partners


Seasonal Picks