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A value chain is made up of all the processes that add value to a product. For example, in the case of food and drink, the value chain begins with agriculture. Farmers add value by producing cattle, milk, crops and fruit. The food and drink manufacturers then add value by producing goods from these, with Distributors then adding value by bringing the output to market through retailers and wholesalers, including as exports to other countries.
This series draws on multiple CSO statistical releases to look at sectors of the economy and provide detailed insights into how goods and services move through the economy. Please contact us at nataccang@cso.ie for more information.