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Agricultural Situation in Ireland

Analysis of data for aggregate income in Irish agriculture is outlined in Table 1.6. Overall for 2010, although expenditure on intermediate consumption rose slightly, this was more than offset by a significant increase (13.1%) in output.

 In terms of the outcome from these broad trends, the CSO preliminary estimate of Output, Input and Income in Agriculture for 2010 shows that Operating Surplus increased very significantly to €2,070.8 million, an increase of 31.5% compared to 2009. This clawed back 70% of the significant decline recorded in 2009.  Elsewhere, Net Value Added showed a very big improvement in 2010, up 388%.

Figure 1.2 Trends in Operating Surplus, Goods Output and Intermediate Consumption, 2005-2010

Figure1.2 

Table1.6