A giant agri-food sector drives Spain's economy

16.4% of manufacturing, 13.1% of GVA and 15.4% of employment are generated Spain In 2021, it depends, directly or indirectly, on the agri-food sector, including both the primary sector (agriculture, livestock, hunting, fishing and aquaculture, forestry and logging) and the agri-food industry (food, beverages and tobacco).

This is evident in the study “Impact of the Agri-Food Sector on the Spanish Economy”.is operated Spanish Chamber of Agri-Food CommissionWith a view to determining the importance of the sector in the economic activities of the country.

“The Spanish agri-food sector generates a social movement, employment, growth and innovation. Its strategic value is undeniable, from an economic point of view and due to its social and environmental impacts. Its multiplier effect on other branches of the economy and its impact on the labor market make it a strategic sector for the economic development of the country . . For this reason, and through public-private collaboration, we must pay special attention to the challenges it faces and help.” Jose Luis BonnetChairman Spanish Chamber of Commerce.

The agri-food sector generates 16 out of every 100 euros generated by the Spanish economy

With the most recent data corresponding to the years 2016, 2019, 2020 and 2021, the study examines the direct impact generated by the agri-food sector and an indirect one, determined by the demand for inputs. Food industry It supplies to other functional branches from other functional branches and through product supply. Their sum determines that the total impact of the Spanish agri-food sector represents 370,000 million euros of production (16.4% of the total), almost 145,000 million euros of GVA (just 13.1%) and almost three million jobs, 15.4%. In 2021.

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As the leader of Spanish Chamber of Agri-Food Commission, Pedro Olivaresthe data shows the fundamental role it plays in the Spanish economy, both in terms of production and the creation of added value and employment: “The important multiplier effect it has on other productive sectors stands out: for every euro GVA created in the agri-food sector in 2021, at least 1.4 euros Additional GVA was produced in other sectors of the economy.In addition, for every full-time equivalent job created in the agri-food sector, at least 1.5 additional jobs were created in the country's other manufacturing branches that year.

Most profitable branches

Agri-food is an important sector due to its strong inter-sectoral linkages. Hence, the analysis also reveals which branches benefit the most from its tractor effect. In terms of production, the agri-food sector is the manufacturing sector that has had the greatest impact “Accommodation and Food and Beverage Services.” The value of production of this branch, dependent on the indirect activity generated by the agri-food sector, exceeded 25,000 million euros in 2016 and 2019, representing 23.4% and 22.3% respectively. Meanwhile, in 2020, the manufacturing branch that benefited the most on an absolute basis from agri-food activities was “Wholesale Trade Services and Trade Intermediation”. The agri-food sector had an indirect influence on 17.2%, 21,404 million euros of the production of this branch.

2020 Other branches where this sector has made a relevant impact “Retail Business Services” (16,384 million euros, 19% of the production of the activity during the year), “Security services, research and other services for companies” (9,108 million euros, 18% of its production), “Electric power, gas, steam and air conditioning” (8,878 million euros, 15.7 %), “Land transport services including pipelines” (5,935 million euros, 11.8%) or “Chemical products” (4,566 million euros , 13.4%).

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