Agriculture & The Rural Economy

The 2022 annual Irish Farmers Journal-KPMG Agribusiness report marks our 10th anniversary partnering with the Irish Farmers Journal. 

Agriculture & The Rural Economy presents analysis of the contributions of agribusinesses to local and national employment and economic output from five key regional towns, on which agriculture is built.

The five towns were selected to cover a balanced mix of agri sub-sectors, and reflects the diversity in Ireland’s agri-food sectors.

Against the backdrop of the immense challenges facing businesses; from rocketing fuel & fertilizer prices, already stretched global supply chains and political turmoil in our nearest neighbour, we are witnessing a re-emergence of localisation. Local rural agribusinesses are innovating to meet new challenges and positively contributing to local & national economic output.

The focus for policymakers is increasingly on what can be done at home. This report outlines the key challenges impacting agribusinesses and calls out the policy supports required to counter the current and future challenges the industry faces. 

Key findings

  • 4 towns contribute ~€4.9 BN to the Republic of Ireland’s national economic output (Ballyhaunis, Cavan, Charleville and Enniscorthy)
  • Cookstown contributes ~£1.6 BN in Northern Ireland’s national economic output
  • 51,428 jobs on the Island of Ireland linked to activities in the agri-food sector across the 5 towns (41,388 in ROI and 10,040 in Northern Ireland)
  • Rising input costs, stagnant product prices, labour challenges and sustainability challenges key challenges facing agri businesses
  • CAP supports, capital grants and tax reliefs key supports required to meet the sector’s challenges

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