16.4% of production, 13.1% of GVA and 15.4% of employment will be generated in Spain in 2021, directly or indirectly, depending on the agri-food sector, including both primary sectors. (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 in the Spanish Economy”, promoted by the Chamber of Agri-Food Commission of Spain. With a view to determining the importance of the sector in the economic activities of the country. “The Spanish agri-food sector creates 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 . So, through public-private collaboration, we should pay special attention and help with the challenges it faces,” he explains. Jose Luis Bonnet, President of the Spanish Chamber of Commerce.
The Spanish agri-food sector is a social movement, generating employment, growth and innovation.
With the most recent data relating to the years 2016, 2019, 2020 and 2021, The study includes both direct impact and indirect impact on the agri-food sector. The agri-food sector is determined by the demand for inputs from other branches of activity and the supply of products to other branches of activity. Their sum determines it The total impact of the Spanish agri-food sector reflects a production of 370,000 million euros (16.4% of the total), almost 145,000 million euros in GVA (just 13.1%) and almost three million jobs, 15.4%, in 2021.
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 has been the most influential branch of production “Accommodation and Food and Beverage Services”. The production value of this branch, which depends on indirect activity generated by the agri-food sector, exceeded 25,000 million euros, accounting for 23.4% and 22.3% of the total in 2016 and 2019, respectively.
Meanwhile, in 2020, the manufacturing sector benefited the most on an absolute basis from agri-food activities “Wholesale and Trade Intermediary Services.” The agri-food sector had an indirect influence on 17.2%, 21,404 million euros of the production of this branch.
Other branches in which the sector had a relative impact in 2020 were “Retail trade services” (16,384 million euros, 19% of the activity's production in the year), “Security services, research and other business services” (9,108 million euros, 18% of its production), ” Electricity, gas, steam and air conditioning” (8,878 million euros, 15.7%), “Land transport services by pipeline” (5,935 million euros, 11.8%) or “Chemical products” (4,566 million euros, 13.4%).
