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King Island Council area

Industry sector analysis - All industries

In 2015/16, King Island Council area contributed 1.5% of Greater Hobart’s employment and 1.2% of its value added.

Industry sector profiles reveal the way in which each industry contributes to the economy in King Island Council area using ten economic measures generated by NIEIR economic modelling. This helps in understanding the role each industry sector plays in the economy.

For example, some industry sectors generate substantial output (turnover), but are not big employers and targeting those industry sectors may not meet the economic development objective of maximising employment.

In the first chart, you can also see how the output of an industry is divided between local sales, domestic exports and international exports. This information can reveal how an industry is structured, and whether it is focused on exporting or on serving the local population.

The table and second chart also show how King Island Council area contributes to the wider economy. For example, King Island Council area contributes 1.5% of Greater Hobart’s employment.

Industry sector analysis data should be viewed in conjunction with Employment by industry (Total), Employment by industry (FTE), Value added, Imports and Exports to see how each specific industry fits into the wider picture of all industries within King Island Council area. To see how concentrated each industry sector is, visit the Employment locations section.

The third chart refers to how employment in King Island Council area has changed overtime and how it compares to expected changes based on benchmark and industry trends. This type of analysis is explored further within the Shift-share analysis economic tool.”

National Economics (NIEIR) - Modelled series

Industry sector analysis
King Island Council area - All industries - Constant prices2015/162010/11Change
Economic measureKing Island Council areaGreater HobartKing Island Council area as a % of Greater HobartKing Island Council areaGreater HobartKing Island Council area as a % of Greater Hobart2010/11 to 2015/16
Employment (total)1,731114,1151.5%1,880110,0931.7%-149
Employment (FTE)1,55390,0471.7%1,64688,6361.9%-93
FTE to total employment ratio0.900.79--0.880.81--+0.02
Output/Total Sales ($m)225.0421,270.721.1%225.9219,891.021.1%-0.88
Value add ($m)128.8910,389.131.2%123.539,731.621.3%+5.36
Exports ($m)112.347,466.481.5%121.777,094.381.7%-9.44
Exports (domestic) ($m)78.056,659.441.2%85.006,262.351.4%-6.95
Exports (international) ($m)34.29807.044.2%36.78832.044.4%-2.49
Imports($m)157.7311,138.931.4%164.859,999.821.6%-7.12
Imports (domestic) ($m)122.598,723.751.4%119.807,688.811.6%+2.79
Imports (international) ($m)35.142,415.181.5%45.052,311.001.9%-9.92
Local Sales ($m)112.7013,804.250.8%104.1412,796.640.8%+8.56
Worker productivity ($ per worker)74,46391,041--65,71088,395--+8,753

Source: National Institute of Economic and Industry Research (NIEIR) ©2016. Compiled and presented in economy.id by .id , the population experts.

Data is based on 2014-15 constant prices for all years. NIEIR data are inflation adjusted each year to allow direct comparison, and new data releases normally adjust previous years’ figures to a new base year.

Economic output by destination
Economic output by destination Greater Hobart, Local Sales: 64.9% Greater Hobart, Exports (international): 3.8% Greater Hobart, Exports (domestic): 31.3% King Island Council area, Local Sales: 50.1% King Island Council area, Exports (international): 15.2% King Island Council area, Exports (domestic): 34.7%
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
Industry contribution to Greater Hobart 2015/16
Industry contribution to Greater Hobart 2015/16 Employment (total), King Island Council area - All industries: 1.5% Employment (FTE), King Island Council area - All industries: 1.7% Output/Total Sales ($m), King Island Council area - All industries: 1.1% Value add ($m), King Island Council area - All industries: 1.2% Exports ($m), King Island Council area - All industries: 1.5% Exports (domestic) ($m), King Island Council area - All industries: 1.2% Exports (international) ($m), King Island Council area - All industries: 4.2% Imports($m), King Island Council area - All industries: 1.4% Imports (domestic) ($m), King Island Council area - All industries: 1.4% Imports (international) ($m), King Island Council area - All industries: 1.5% Local Sales ($m), King Island Council area - All industries: 0.8%
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
Shift-share analysis for Employment (Total) 2010/11 to 2015/16
Shift-share analysis for Employment (Total) 2010/11 to 2015/16 Net change in Benchmark Growth (BG) effect, King Island Council area relative to Greater Hobart: 34.3 Net change in Industry Mix (IM) effect, King Island Council area relative to Greater Hobart: 0.0 Net change in Expected change (BG + IM), King Island Council area relative to Greater Hobart: 34.3 Net change in Actual change, King Island Council area relative to Greater Hobart: -74.5 Net change in Regional Competitive (RC) effect, King Island Council area relative to Greater Hobart: -108.8
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts
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