This statistic shows the share of farms experiencing negative income effects following a free-trade agreement scenario after Brexit in the United Kingdom (UK) in 2025, by sector. Following a free trade agreement and a continuation of current levels of direct payments, no farms would experience changes to income. However, if there was to be a decrease in direct payments following the end of the Common Agricultural Policy payments currently received, all farming sectors would experience a decrease in income by 2025, particularly sheep or goat farmers.
Share of farms experiencing negative income effects following a free-trade agreement scenario after Brexit in the United Kingdom (UK) in 2025, by sector*
* These estimates are based on the use of the economic model AGMEMOD, widely used in the past by the European Commission and other member states. The model simulates changes in the UK's net trade position by taking into account changes to farmgate prices, production and consumption for a range of agricultural commodities in the UK. The results are presented against a baseline, which estimates the situation in the UK in 2025, if the UK were to remain in the EU. These results are then fed into another economic tool, the EU's Farm Accountancy Data Network (FADN), to give a combined impact on UK farm incomes. Farm support scenarios are also taken into account to consider direct income support following the end of the Common Agricultural Policy (CAP). Thus: FTA+100%DP = free trade agreement + current levels of direct payments. FTA+50%DP = free trade agreement + reduction in direct payments of 50%. FTA+0%DP = free trade agreement + abolition of direct payments.
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Statista. (March 6, 2017). Share of farms experiencing negative income effects following a free-trade agreement scenario after Brexit in the United Kingdom (UK) in 2025, by sector* [Graph]. In Statista. Retrieved October 19, 2024, from https://www.statista.com/statistics/685342/farm-negative-income-effects-brexit-united-kingdom-uk/
Statista. "Share of farms experiencing negative income effects following a free-trade agreement scenario after Brexit in the United Kingdom (UK) in 2025, by sector*." Chart. March 6, 2017. Statista. Accessed October 19, 2024. https://www.statista.com/statistics/685342/farm-negative-income-effects-brexit-united-kingdom-uk/
Statista. (2017). Share of farms experiencing negative income effects following a free-trade agreement scenario after Brexit in the United Kingdom (UK) in 2025, by sector*. Statista. Statista Inc.. Accessed: October 19, 2024. https://www.statista.com/statistics/685342/farm-negative-income-effects-brexit-united-kingdom-uk/
Statista. "Share of Farms Experiencing Negative Income Effects following a Free-trade Agreement Scenario after Brexit in The United Kingdom (Uk) in 2025, by Sector*." Statista, Statista Inc., 6 Mar 2017, https://www.statista.com/statistics/685342/farm-negative-income-effects-brexit-united-kingdom-uk/
Statista, Share of farms experiencing negative income effects following a free-trade agreement scenario after Brexit in the United Kingdom (UK) in 2025, by sector* Statista, https://www.statista.com/statistics/685342/farm-negative-income-effects-brexit-united-kingdom-uk/ (last visited October 19, 2024)
Share of farms experiencing negative income effects following a free-trade agreement scenario after Brexit in the United Kingdom (UK) in 2025, by sector* [Graph], Statista, March 6, 2017. [Online]. Available: https://www.statista.com/statistics/685342/farm-negative-income-effects-brexit-united-kingdom-uk/