Regional Accounts for Agriculture 2024

The Mid-West (Clare, Limerick, and Tipperary) is the second largest agricultural producing region in the State, generating 17% of the total value of Agricultural Output at Basic Prices. It is the largest producer of Cattle, accounting for 20% of total domestic production. As the second largest Milk producing region in the State, Milk is the region’s main agricultural output and the source of 39% of the value of its Agricultural Output at Basic Prices. Cattle is the second most important agricultural output to the region, generating 29% of its output. The region has the second lowest dependency on Crops, which accounted for just 17% of its output.

The region’s Agricultural Output at Basic Prices increased by 7% (+€134m) to €2.1bn, the second lowest regional growth rate. Livestock generated €777m of the region’s Output, an increase of 1% (+€10m) on 2023. Cattle were up €9m to €601m while Pigs were down 9% (-€8m) to €78m. Sheep grew by 12% (+€2m) to €15m. The region’s Milk increased by 12% (+€87m) to €821m while its Crops were up 7% (+€23m) to €347m.

Intermediate Consumption costs fell by 4% (-€54m) to €1.3bn. The cost of Fertilisers decreased by 20% (-€27m) to €109m while expenditure on Feeding Stuffs contracted by 7% (-€30m) to €374m. Energy & Lubricant costs fell by 14% (-€16m) to €103m and expenditure on Contract Work rose by 10% (+€12m) to €134m. The value of Other Subsidies less Taxes on Production increased by 22% (+€55m) to €300m. The region’s Operating Surplus grew by 53% (+€221m) to €641m, while its Entrepreneurial Income was up by 66% (+€184m) to €463m (See Table 1.2).