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Value of milk production decreased significantly in 2024

Release related to topics:National economyAgriculture, forestry and fishery
release | Economic accounts for agriculture (EAA) 31.12.2024

According to Statistics Finland's first preliminary estimate for 2024, the most significant change in agriculture was an approximately 10 per cent drop in the basic price value of milk production due to a decrease in producer prices. Gross value added at basic prices for agriculture rose by approximately 6 per cent compared to the previous year.

Key selections

  • Due to the decrease in producer prices, the basic value of cereal production in 2024 remained at the same level as the previous year despite higher yields.
  • The value of meat production remained at the same level as the previous year.
  • The value of intermediate consumption decreased approximately 5 per cent due to the decline in the prices of main production inputs.

Tables

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Economic Accounts for Agriculture 2024

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Updated database tables
12d7
Classifications used:
  • Economic Account for Agriculuture
Reference period cycle:
year
Updating frequency:
three times a year
Statistics:
Updated:
12da
Classifications used:
  • Economic Account for Agriculuture
Reference period cycle:
year
Updating frequency:
three times a year
Statistics:
Updated:

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Referencing instructions

Economic accounts for agriculture (EAA) [online publication].
Reference period: 31.12.2024. ISSN=2670-1006. Helsinki: Statistics Finland [Referenced: 17.12.2024].
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