Selling prices of agricultural products (absolute prices) (apri_ap)

Reference Metadata in Euro SDMX Metadata Structure (ESMS)

Compiling agency: Eurostat, the statistical office of the European Union


Eurostat metadata
Reference metadata
1. Contact
2. Metadata update
3. Statistical presentation
4. Unit of measure
5. Reference Period
6. Institutional Mandate
7. Confidentiality
8. Release policy
9. Frequency of dissemination
10. Accessibility and clarity
11. Quality management
12. Relevance
13. Accuracy
14. Timeliness and punctuality
15. Coherence and comparability
16. Cost and Burden
17. Data revision
18. Statistical processing
19. Comment
Related Metadata
Annexes (including footnotes)



For any question on data and metadata, please contact: EUROPEAN STATISTICAL DATA SUPPORT

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1. Contact Top
1.1. Contact organisation

Eurostat, the statistical office of the European Union

1.2. Contact organisation unit

E1: Agriculture and fisheries

1.5. Contact mail address

Postal address: Rue Alcide de Gasperi L-2920 Luxembourg LUXEMBOURG


2. Metadata update Top
2.1. Metadata last certified 13/06/2018
2.2. Metadata last posted 13/06/2018
2.3. Metadata last update 13/06/2018


3. Statistical presentation Top
3.1. Data description

The absolute prices on agricultural products show prices on main agricultural outputs and inputs. Since 2006 only annual prices has been collected. Before the statistics also includes monthly prices.

Whilst the purpose of agricultural price indices is to reveal trends in the prices of individual agricultural products or product groups, the purpose of the Statistics of Absolute Agricultural Prices is ‑ above all ‑ a dual one: they are used for (1) comparisons between Member States and (2) for economic analyses. Absolute agricultural prices (especially aggregated prices) are needed for many model calculations and for the determination of price elasticities.

This means that two objectives have to be met. The first one is that absolute prices be comparable between Member States. The second one is that the products for which the prices are to be recorded be of economic relevance for the respective Member State. These objectives are not necessarily compatible and some compromise may be necessary.

Although much progress has already been made in the harmonisation of the time series across Member States, caution must still be exercised when comparing the actual agricultural prices among Member States. Differences in the prices can still reflect methodological differences (for example different form of commercialisation of the product concerned) and not factual differences in every case in the prices themselves. Hence, the user of the data should always refer to the description of the data as provided by the target definition

The agricultural prices expressed in national currency are converted into Euro (ECU until 31.12.1998) in order to allow comparisons between Member States.

3.2. Classification system

The Member States provide Eurostat with annual price series. The general structure of the EU output and input absolute prices, i.e. the list of products for which absolute prices should be provided, is shown in Annex 4 of the Handbook for EU Agricultural Price Statistics (see annex of the bottom of the page).

3.3. Coverage - sector

The use of prices as indicators for income in agriculture means that prices must be measured at the level at which they contribute directly to farmers' incomes. Selling prices should thus be recorded at the first marketing stage ("prices from the producer to the trade") and purchase prices of the means of production at the last marketing stage ("prices from the trade to the producer").

3.4. Statistical concepts and definitions

The comparability of products and means of production for which price series are recorded depends on a certain number of specific characteristics linked to the product under consideration, the procedure for recording the prices and their statistical processing. All these characteristics could have an influence on the price level of a specific product (or means of production). Hence, strict comparability between Member States would require that they should be the same for all the prices collected in individual countries.

In reality however, full harmonisation of all the price-determining characteristics between Member States is not feasible. Nevertheless, general agreement has been achieved on the marketing stage, some of the marketing conditions and on the treatment of taxes, levies and subsidies.

As outlined above, absolute agricultural prices are often used for economic analyses and in particular for agricultural income analyses. It is therefore evident that the products for which prices are collected fulfil certain criteria. First of all the selected products should be economically relevant in terms of their share in the value of agricultural production. Here it may be useful to consider also products which have not yet an important market share, but which are gaining more and more importance. In the light of inter-country comparisons it is important that the products selected are comparable.

On the basis of the explanations given for the definition of prices a set of target definitions has been established. These target definitions comprise definitions for the most important of the "characteristics determining prices". When recording prices the Member States should as far as possible remain within the terms of reference established by Eurostat in agreement with the Working Group on Agricultural Accounts and Prices.

In general the target definitions may be divided in two parts: one part which is more or less product/means of production-specific and another part which is common to at least one group of products or means of production (allowing for possible exceptions). The target definitions are presented in Annex 5 of Handbook for EU Agricultural Price Statistics

For more detailed explanations on this subject please see Chapter 3 of the Handbook for EU Agricultural Price Statistics

3.5. Statistical unit

Selling prices should thus be recorded at the first marketing stage ("prices from the producer to the trade") and purchase prices of the means of production at the last marketing stage ("prices from the trade to the producer").

3.6. Statistical population

The usage of market prices means that prices should be recorded at points which are as close as possible to those of the transactions which the farmer actually undertakes. For more details see the definitions of Marketing stage, Marketing conditions and Rules for handling taxes, levies and subsidies from the Handbook for EU Agricultural Price Statistics.

3.7. Reference area

The EU Agricultural Price Indices refer to the Member States (national level). They are not calculated on a regional level.

3.8. Coverage - Time

For several countries data availability goes back to 1970.

For most of the countries data is available from 1990

Monthly data are available until 2006.

3.9. Base period

Not applicable


4. Unit of measure Top

Prices (Euro, National currency)


5. Reference Period Top

The reference period is the calendar year.


6. Institutional Mandate Top
6.1. Institutional Mandate - legal acts and other agreements

There is no official regulation. Eurostat gathers data on agricultural prices according to what is termed a Gentleman's agreement with the Member States.

6.2. Institutional Mandate - data sharing

Not applicable


7. Confidentiality Top
7.1. Confidentiality - policy

Regulation (EC) No 223/2009 on European statistics (recital 24 and Article 20(4)) of 11 March 2009 (OJ L 87, p. 164), stipulates the need to establish common principles and guidelines ensuring the confidentiality of data used for the production of European statistics and the access to those confidential data with due account for technical developments and the requirements of users in a democratic society.

7.2. Confidentiality - data treatment

Some Member States may set an embargo on certain products or may even "flag" some products as confidential. This means that product prices are encoded in our internal database (Fame and future MDT) but are not published in the dissemination database.


8. Release policy Top
8.1. Release calendar

Not available

8.2. Release calendar access

Not available

8.3. Release policy - user access

In line with the Community legal framework and the European Statistics Code of Practice Eurostat disseminates European statistics on Eurostat's website respecting professional independence and in an objective, professional and transparent manner in which all users are treated equitably. The detailed arrangements are governed by the Handbook for EU Agricultural Price Statistics (March 2008) see Annex 2.


9. Frequency of dissemination Top

Annual


10. Accessibility and clarity Top
10.1. Dissemination format - News release

News releases on-line

10.2. Dissemination format - Publications

Results are published in the Statistical book Agriculture, forestry and fishery statistics and in Statistics Explained.

10.3. Dissemination format - online database

Please consult free data on-line (Internet address: http://ec.europa.eu/eurostat) or refer to contact details : 

ESTAT-EAP@ec.europa.eu

garry.mahon@ec.europa.eu

marco.artico@ec.europa.eu

10.4. Dissemination format - microdata access

Not applicable.

10.5. Dissemination format - other

Not applicable

10.6. Documentation on methodology

The methodological rules about Agricultural Price Statistics can be consulted on:

''Handbook for EU Agricultural Price Statistics'' - Version 2.1, March 2015 (please see the annex at the bottom of the page).

10.7. Quality management - documentation

Not available


11. Quality management Top
11.1. Quality assurance

Not available

11.2. Quality management - assessment

Not available


12. Relevance Top
12.1. Relevance - User Needs

The main users identified are DG AGRI and International organisations dealing with agricultural producer prices.

12.2. Relevance - User Satisfaction

Not available

12.3. Completeness

Some data gaps exist as not all Member States submit the absolute prices.


13. Accuracy Top
13.1. Accuracy - overall

Not available

13.2. Sampling error

Not available

13.3. Non-sampling error

Not available


14. Timeliness and punctuality Top
14.1. Timeliness

Data on absolute prices are sent to EUROSTAT 60 days after the end of the reference year.

14.2. Punctuality

Not available


15. Coherence and comparability Top
15.1. Comparability - geographical

Not available

15.2. Comparability - over time

Not available

15.3. Coherence - cross domain

Agricultural prices data are disseminated through Eurostat's website.

Cross-checks of the estimations received from the countries are applied to assess the reasonableness of the data

15.4. Coherence - internal

Not available


16. Cost and Burden Top

Not available


17. Data revision Top
17.1. Data revision - policy

Member States may revise the time series at the time of providing final information for a certain year.

17.2. Data revision - practice

When new data are received from a country, the updates are made in Eurostat public data base.


18. Statistical processing Top
18.1. Source data

As outlined above, absolute agricultural prices are often used for economic analyses and in particular for agricultural income analyses. It is therefore evident that the products for which prices are collected fulfil certain criteria. First of all the selected products should be economically relevant in terms of their share in the value of agricultural production. Here it may be useful to consider also products which have not yet an important market share, but which are gaining more and more importance. In the light of inter-country comparisons it is important that the products selected are comparable.

18.2. Frequency of data collection

Not available

18.3. Data collection

Prices are obtained by the Member States from a wide variety of sources, like the following:

  • Samples to producers which make direct sales
  • Records of transaction as part of an administrative process
  • Administered prices
  • Enquiries to bodies purchasing or selling the agricultural products and/or inputs.

Data is collected in line with Eurostat policies and procedures via eDamis webforms.

It may happen that in case of big revisions in long time-series (e.g. conversion from National Currency to Euro), Member States are asked to send a SDTT excel file with the corrections. This file is transmitted via Outlook directly to the domain manager or/and to the functional mailbox ESTAT EAP. ESTAT-EAP@ec.europa.eu

18.4. Data validation

Before data dissemination, several checks on the level of prices are carried out.

18.5. Data compilation

For agricultural absolute prices EU aggregates are not constructed.

Selling prices for products have to be recorded by the Member States at the first marketing stage excluding transport: "prices from producer to the trade, ex-farm". In most cases the quantity to which the prices relate are 100 kg. It will be 100 l in the case of liquid products -such as olive oil- and 100 items for eggs.

Absolute Prices are published in National Currency and in Euro.

18.6. Adjustment

No adjustments are applied.


19. Comment Top

Not applicable


Related metadata Top


Annexes Top
Handbook for EU Agricultural Price statistics (version 2.1 - 2015)