GITNUX MARKETDATA REPORT 2024
Statistics About The Average Variable Cost
The average variable cost (AVC) is the total variable costs divided by the quantity of output produced, representing the cost incurred per unit of output.
In this post, we explore a diverse range of statistics on average variable costs across various industries and regions. From agriculture to energy production, these figures provide valuable insights into the cost structures of different sectors. Scroll through to uncover intriguing data points on the average variable costs of production for corn, soybeans, coal, milk, eggs, electricity, and more in different parts of the world.
Statistic 1
"The national average variable cost of production for corn in the United States was $580 per acre in 2020."
Statistic 2
"For soybeans, the average variable cost in 2020 in the US was $202 per acre."
Statistic 3
"The average variable cost of coal production in the United States was $30.03 per short ton in 2019."
Statistic 4
"In 2013, the average variable cost for milk production in the European Union ranged from 22.7 to 56.7 Euro cents per kilogram."
Statistic 5
"According to a 2019 report, the average variable cost of producing one dozen eggs in the United States was $0.65."
Statistic 6
"In 2020, the average variable cost of producing electricity in Germany was between €0.02 and €0.08 per kwh."
Statistic 7
"For 2017, the Michigan State University Extension reports that the average variable cost of producing corn per bushel is $2.85."
Statistic 8
"According to a 2019 Statistics Canada survey, the average variable cost of poultry production in Canada was CAD $1.70 per kilogram."
Statistic 9
"In 2019, the average variable cost of producing apples for sale in the United Kingdom was £2,780 per hectare."
Statistic 10
"An average variable cost for businesses in the aircraft manufacturing sector in the United States in 2021 is projected to be around $1.22 billion."
Statistic 11
"In 2019, the average variable cost for fish farming in Norway was at NOK 34.46 per kg of salmon."
Statistic 12
"As of 2020, the average variable cost for rice farming in India was ₹11,387 per hectare."
Statistic 13
"In 2020, the average variable cost of ethanol production in the U.S. Midwest was $1.22 per gallon."
Statistic 14
"In 2018, the average variable cost for producing crude oil in Saudi Arabia was $3.00 per barrel."
Statistic 15
"The average variable cost of grape production in France was €2,291 per hectare in 2017."
Statistic 16
"In 2019, the average variable cost of wool shearing in Australia was AUD $2.65 per sheep."
Statistic 17
"In 2018, the average variable cost for producing one tonne of cement in China was ¥267.40."
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Jannik Lindner
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