Aggregate Agricultural Output and Income, 2010

Statistics on agricultural output, Gross Value Added (GVA) from agriculture and Total Income From Farming (TIFF) are presented for 2008-10. The latest release updates the statistics previously released on 18 February 2010.

The key points from the latest release are:

• Total Income from Farming (TIFF) is estimated to have decreased by 19 per cent, from £220.8 million in 2009 to £178.2 million in 2010.
• The value of agricultural output in Wales in 2010 increased by approximately 3% to £1.2 billion.  There was an increase in the value of output in the cereals, sheep and dairy sectors but a reduction in the value of output from the cattle sector.
• Intermediate Consumption increased by approximately 6 per cent.  This increase was driven by higher prices for feed, fertiliser and fuel in 2010.
• The value of subsidy payments decreased from £357.4 million in 2009 to £330 million in 2010.  This is largely a result of changes in the £/€ exchange rate impacting on the value of the Single Payment.

Contact

Tel: 029 2082 3349
E-mail: andrew.hobden@wales.gsi.gov.uk

Next update

February 2012 (provisional - to be confirmed on the 'Due Out Soon' page)