Insee Première · July 2022 · n° 1913

The Provisional Agriculture Account For 2021 General rise in prices

In 2021, agricultural production in value increased by 7.7%. This strong increase was dominated by price developments in the general context of rising commodity prices. The increase in agricultural production was most marked for crop production (+12.0%), particularly cereal production which increased by half, stimulated by the combined surge in volume and prices. On the other hand, wine production experienced a considerable drop in volume (-17.6%). The value of animal production grew at a moderate pace (+1.7%), the increase in prices compensating for the decline in volumes.

At the same time, intermediate consumption of farmers increased by 3.3%, mainly due to higher prices for energy and animal feed. As a result of the sharp rise in production and the moderate increase in costs, the value added of the agricultural branch rose significantly. In total, according to the estimates from the provisional agriculture account, gross value added at factor cost per worker increased by 11.5% in 2021 in real terms, after a decline of 1.1% in 2020.