Wales farm fixed capital consumption: buildings
Wales farm fixed capital consumption: buildings stood at £119m in 2025, according to StatsWales — Welsh Government open data. It is one of the indicators in the Farm income and yields table (Value · Annual), with a complete series running from 2013 to 2025. The complete series with an interactive chart, free to download.
This indicator in the Farm income and yields table
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Consumption of fixed capital | 409 | 399 | 386 | 366 | 327 | 325 | 340 | 334 | 307 | 302 | |
| Consumption of fixed capital — buildings and works | 119 | 116 | 114 | 110 | 101 | 97 | 98 | 97 | 94 | 92 | |
| Consumption of fixed capital — vehicles, plant and machinery | 220 | 211 | 205 | 195 | 176 | 168 | 165 | 161 | 153 | 147 |
Understanding wales farm fixed capital consumption: buildings
The annual depreciation of fixed structures, farmhouses, buildings, and civil engineering works on agricultural holdings in Wales is quantified in £m. This consumption of fixed capital sub-component measures the physical deterioration and economic obsolescence of immovable capital assets. It isolates structural asset wear from the depreciation of movable machinery or biological assets.
Evaluating building depreciation trends requires recognising that structural lifespans are long, meaning annual changes are typically driven by shifts in replacement construction costs rather than sudden physical alterations. Revisions in early data reflect updated construction price indices and asset stock surveys. Analysts compare this series with total capital consumption to gauge the capital-intensive nature of regional farming infrastructure.
Frequently asked questions
- What specific assets are included under building and works depreciation?
- Barns, grain stores, farmhouses, milking parlours, and fixed drainage infrastructure are covered.
- Why do building depreciation values change from year to year?
- Fluctuations are primarily driven by changes in construction replacement costs and asset valuation indexes.
- Are land values included in this structural depreciation measure?
- No, land is treated as a non-depreciating asset and is excluded from fixed capital consumption.