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Agribusiness
Agriculture is one of the fundamental economic sectors, with an essential role in securing raw materials and basic food for sustaining human life and the operations of manufacturing industries. Apart from being at the base of the global food chain, the sector is of vital importance for economic and social development in a large number of developing countries. Against a background of rapidly growing world population, rising incomes in emerging markets and changing consumption patterns, agriculture’s main tasks are to increase productivity and to ensure steady food supply in a sustainable way that takes into account social, economic and environmental considerations.
Agriculture involves the cultivation of the soil and the harvesting of a variety of crops, fruits, nuts, vegetables and flowers. It also includes the growing and harvesting of forest products, the hunting of animals, livestock breeding, production of livestock products such as milk and eggs, fishing and aquaculture, and related support activities.
Russia’s agriculture sector has been expanding at a robust pace over recent years, helping the country achieve self-sufficiency in the production of a number of crops such as wheat, barley, corn and rye, as well as poultry ...
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Poland is a major producer and exporter of agricultural produce in the EU. The agriculture sector accounted for 2.1% of the country’s GDP in 2018 and for 2.4% of Poland’s GVA. Poland’s agriculture also had a 5.1% share in the GVA of ...
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The gross output of Poland’s wood, paper and furniture industry stood at 6.7% of the country’s GDP in 2018. In the same year, it also accounted for 12.3% of employment in manufacturing and 2.5% of total employment in the Polish economy. ...
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The gross output of Poland’s wood, paper and furniture industry stood at 6.6% of the country’s GDP in 2017. In the same year, it also accounted for 12.5% of employment in manufacturing and 2.5% of total employment in the Polish economy. ...
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Agriculture is one of the most important sectors and the main source of hard currency for the Russian economy. The sector of agriculture, hunting, forestry and fishery accounted for 3.4% of the country’s total GVA in 2019, while ...
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In 2018, agriculture, forestry and fishing in Romania constituted 4.8% of the nominal GVA of the economy. The agricultural output value reached a record high of RON 90.2bn, up by 14.9% y/y. Animal production value was up by 5.5% y/y, while crop ...
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Hungarian agricultural output amounted to HUF 2,594.7bn in 2017, up by 0.3% y/y. In volume terms the output shrank by 4.1% y/y, as unfavourable weather conditions affected crop production, which made up 58% of the sector’s overall output value ...
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