The European Critical Raw Materials Act entries into force, which aims at ensuring a diverse, secure, and sustainable supply of critical raw materials for the EU’s industry. Secured access to critical raw materials is essential for strategic sectors including clean technologies, digital, defence and aerospace industries. Europe now has a regulatory framework to strengthen domestic […]
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Decline in EU livestock population in 2023
In 2023, the EU‘s livestock populations were lower than a year earlier. Compared with 2022, the pig and bovine populations decreased by 1%, while sheep declined by 3%, and goats by 5%. In 2023, the EU had 133 million pigs, 74 million bovine animals, 58 million sheep, and 11 million goats. This information comes from provisional data […]
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The Commission welcomes the agreement on sustainable fisheries reached at Indian Ocean Tuna Commission
The EU welcomes the important decisions reached during the 28th annual meeting of the Indian Ocean Tuna Commission (IOTC), which will make fisheries in the Indian Ocean more sustainable. 11 new conservation and management measures were adopted. After three years of complex negotiations, and based on a proposal from the EU, the Members of the IOTC adopted a […]
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Council gives final green light to a targeted review of the common agricultural policy
The Council formally adopted a targeted review of certain basic acts of the common agricultural policy (CAP). This review comes as a response to concerns voiced by farmers in recent months and takes into account the impact of geopolitical developments, such as the consequences of the Russian invasion of Ukraine, and of extreme weather events. Main elements of the […]
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Short-term outlook of agricultural markets: uncertainty remains a constant feature of EU farming
Agriculture remains impacted by several events outside of farmers’ control, such as climate and geopolitical crises, which continue to exert pressure on farmers. These have implications on productivity, trade, consumer demand, prices and ultimately on farmers’ income. Since the last short-term outlook (autumn 2023) and despite some favourable but limited developments in input costs, their […]
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Commission adopts limited prolongation of State aid crisis tools to further support agriculture and fisheries sectors
The European Commission has adopted an amendment to the State aid Temporary Crisis and Transition Framework (TCTF) to prolong by six months certain provisions of the Framework aimed to address persisting market disturbances specifically in the agriculture and fisheries sectors. On 11 April 2024, the Commission consulted Member States on the persistence of a serious disturbance of the economy affecting […]
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EU-New Zealand trade agreement enters into force, opening up new opportunities for EU exporters
EU businesses, producers and farmers are now able to take advantage of a host of new export opportunities with the entry into force of the EU-New Zealand trade agreement today. The deal is expected to cut €140 million a year in duties for EU companies. Thanks to this deal, EU-New Zealand trade is expected to […]
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Exports and imports of agri-food products increased in January 2024
In January 2024, exports reached €18.4 billion that month, partly due to increased prices of olives, olive oil, and cereal preparations. Imports were worth €13.4 billion. As a result, the EU agri-food trade surplus reached €5 billion, a 27% increase from January 2023. These are the main findings of the latest monthly agri-food trade report […]
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EU aquaculture 2022: 1.08 million tonnes farmed
In 2022, an estimated 1.08 million tonnes of aquatic organisms were farmed in the EU, valued at €4.9 billion. Aquaculture involves the controlled cultivation of fish, molluscs, algae and crustaceans. In 2022, 4 EU countries collectively accounted for about two-thirds (67%) of the total production of farmed aquatic organisms: Spain (25%), France (17%), Greece (13%) […]
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