Preliminary estimate of agricultural economic accounts - Year 2024

In 2024, agricultural output and gross value added will increase (in volume term, respectively, +1.4% and +3.5%). The volumes produced increase especially in the crop output (+1.5%) and in the animal output (+0.6%) sectors, while agricultural service activities decreases (-1.5%). The positive trend in secondary activities continues (+5.2%). Favorable year for fruit (+5.4%), fresh vegetables (+3.8%) and wine (+3.5%); cereals (-7.1%), olive oil (-5%) and fodder (-2.5%) are in decline.

The prices of crop products increased (+2.9%), while the prices of the animal output sector decreased (-2.2%). The fall in the prices of the goods and services used was also significant (-4.5%).

The decline in labour input employed in the agricultural sector (-2.6%) was higher than the average of the other EU27 countries (-0.9%). In the EU27, the volume of output (+0.5%) and gross value added (+0.2%) increase slightly: Italy is the country with the highest agricultural value added.