Eurostat: The Statistical Backbone of the European Union
Company Overview: Eurostat is the statistical office of the European Union, dedicated to providing comprehensive and reliable statistical data necessary for policy-making and industry analysis across the EU. Based in Luxembourg, Eurostat acts as the central statistical authority, offering data that significantly impacts various sectors, including the dairy industry.
Location
Eurostat is headquartered in Luxembourg, serving as a pivotal institution in the European Union's statistical landscape.
Financial Indicators
Although Eurostat does not function as a commercial entity, the statistical data it produces plays a crucial role in influencing financial decisions and shaping economic policies within the EU. This data is critical for informing business strategies across different sectors.
Important Events
In March 2025, Eurostat reported a significant development in the EU's trade dynamics, noting that the volume of Russian fertilizer imports reached its highest level since November 2022. The total value of these imports was recorded at €206.1 million, representing a 15% increase compared to both February 2025 and March 2024.
Company Plans
Eurostat is continuously working on enhancing the quality and accessibility of its statistical data. The organization aims to expand its coverage of economic indicators and improve the timeliness of its reports to better meet the needs of policymakers and industry stakeholders throughout the European Union. Notably, Eurostat has highlighted trends in agricultural prices, reporting a 3% increase in the average price of agricultural goods in the EU in 2025 compared to 2024, signaling a recovery from previous declines and highlighting ongoing volatility in European food markets.
Modified: 2025/12/23