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Aggregate agricultural output and income

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  • Release date: 24 June 2014
  • Period covered: 2013
  • Next update: February 2015
An annual report which includes information on agricultural output, Gross Value Added (GVA) from agriculture and total Income From Farming (TIFF).

Revision note

On 24 June 2014 a revision was made to the gross output figure for 2013 included in this report. The estimates of gross value added, net value added and Total Income from Farming for 2013 have also been revised as a consequence. Further information is included in the Revisions section of this report.

Key points

  • TIFF rose by 43% between 2012 and 2013 to £217.8 million.
  • The value of output from milk and milk products increased by 21% due to higher producer prices and some increased production while the value of output for cattle rose by around 12%, contributing to an increase in the value of agricultural output.
  • The impact of the increase in the value of agricultural output was only partially offset by a 2% increase in input costs and a fall in the value of subsidy payments to the sector.
  • GVA from agriculture in 2013 was £343.7 million, up from £243.0 million in 2012 (a rise of 41%).

Contact

Tel: 029 2082 5051
Email: stats.agric@wales.gsi.gov.uk

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