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The competitiveness of the food industry


, : The competitiveness of the food industry. Revista Espanola de Economia Agraria ( 173): 253-266

The food industry is the primary manufacturing industry of the European Union, and in 1992 production value reached 520 000 million ecus, with an annual growth rate of 4.5%. In terms of value added, the food, drinks and tobacco sector contribution was 20% higher than that of the car industry sector, and only slightly lower than that of the chemical industry. In 1992 2.46 million people were employed in the food industry, with an annual growth rate of 0.6%.

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