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Waratah-Wynyard Council area

Value added

In Waratah-Wynyard Council area, Agriculture, Forestry and Fishing is the most productive industry, generating $70 million in 2015/16.

Value added by industry is an indicator of business productivity in Cradle Coast Region. It shows how productive each industry sector is at increasing the value of its inputs. It is a more refined measure of the productivity of an industry sector than output (total gross revenue), as some industries have high levels of output but require large amounts of input expenditure to achieve that.

By comparing the value added of each industry sector to a regional benchmark, you can clearly see the structure of Cradle Coast Region’s economy. This can be done by directly comparing the percentage contribution of each industry to the total output, relative to the benchmark, or by using a location quotient, where a number greater than one indicates a high concentration of that industry and less than one indicates a lower concentration.

To see what contribution each industry makes to the state or region, see the Industry sector analysis section. To understand the value of a worker in each industry, view this dataset in conjunction with Worker productivity data, and to see the relationship of value added to the total size of the economy, go to the Gross Regional Product section.

Detailed notes about how the figures are derived can be found in the specific topic notes section.

National Economics (NIEIR) - Modelled series

Did you know? By clicking/tapping on a data row in the table you will be able to see sub categories.
Value added by industry sector
Waratah-Wynyard Council area - Constant prices2015/162010/11Change
Industry
(Click rows to view sub-categories)
$m%Greater Hobart%$m%Greater Hobart%2010/11 to 2015/16
Agriculture, Forestry and Fishing69.518.53.468.317.93.2+1.2
Mining55.414.80.254.014.10.2+1.4
Manufacturing40.310.75.543.911.56.7-3.6
Electricity, Gas, Water and Waste Services3.71.07.12.50.78.7+1.2
Construction42.811.47.640.710.77.2+2.1
Wholesale Trade27.97.42.935.49.33.1-7.5
Retail Trade17.74.77.119.45.16.6-1.6
Accommodation and Food Services9.92.63.49.72.63.4+0.2
Transport, Postal and Warehousing21.75.86.121.95.76.2-0.2
Information Media and Telecommunications1.60.44.41.40.43.9+0.2
Financial and Insurance Services8.82.37.58.72.38.1+0.1
Rental, Hiring and Real Estate Services2.80.83.12.50.72.6+0.3
Professional, Scientific and Technical Services7.11.95.56.01.64.7+1.1
Administrative and Support Services2.20.62.03.10.82.4-0.8
Public Administration and Safety6.91.810.08.12.111.6-1.2
Education and Training17.04.59.019.85.28.5-2.7
Health Care and Social Assistance31.28.311.528.97.69.2+2.3
Arts and Recreation Services0.70.21.00.40.11.0+0.3
Other Services7.62.02.77.31.92.7+0.4

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 2015-16 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.

Value added by industry sector 2015/16
Value added by industry sector 2015/16 Agriculture, Forestry and Fishing, Greater Hobart: 3.4% Mining, Greater Hobart: 0.2% Manufacturing, Greater Hobart: 5.5% Electricity, Gas, Water and Waste Services, Greater Hobart: 7.1% Construction, Greater Hobart: 7.6% Wholesale Trade, Greater Hobart: 2.9% Retail Trade, Greater Hobart: 7.1% Accommodation and Food Services, Greater Hobart: 3.4% Transport, Postal and Warehousing, Greater Hobart: 6.1% Information Media and Telecommunications, Greater Hobart: 4.4% Financial and Insurance Services, Greater Hobart: 7.5% Rental, Hiring and Real Estate Services, Greater Hobart: 3.1% Professional, Scientific and Technical Services, Greater Hobart: 5.5% Administrative and Support Services, Greater Hobart: 2.0% Public Administration and Safety, Greater Hobart: 10.0% Education and Training, Greater Hobart: 9.0% Health Care and Social Assistance, Greater Hobart: 11.5% Arts and Recreation Services, Greater Hobart: 1.0% Other Services, Greater Hobart: 2.7% Agriculture, Forestry and Fishing, Waratah-Wynyard Council area: 18.5% Mining, Waratah-Wynyard Council area: 14.8% Manufacturing, Waratah-Wynyard Council area: 10.7% Electricity, Gas, Water and Waste Services, Waratah-Wynyard Council area: 1.0% Construction, Waratah-Wynyard Council area: 11.4% Wholesale Trade, Waratah-Wynyard Council area: 7.4% Retail Trade, Waratah-Wynyard Council area: 4.7% Accommodation and Food Services, Waratah-Wynyard Council area: 2.6% Transport, Postal and Warehousing, Waratah-Wynyard Council area: 5.8% Information Media and Telecommunications, Waratah-Wynyard Council area: 0.4% Financial and Insurance Services, Waratah-Wynyard Council area: 2.3% Rental, Hiring and Real Estate Services, Waratah-Wynyard Council area: 0.8% Professional, Scientific and Technical Services, Waratah-Wynyard Council area: 1.9% Administrative and Support Services, Waratah-Wynyard Council area: 0.6% Public Administration and Safety, Waratah-Wynyard Council area: 1.8% Education and Training, Waratah-Wynyard Council area: 4.5% Health Care and Social Assistance, Waratah-Wynyard Council area: 8.3% Arts and Recreation Services, Waratah-Wynyard Council area: 0.2% Other Services, Waratah-Wynyard Council area: 2.0%
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts

Dominant groups

An analysis of the valued added by industry sectors in Waratah-Wynyard Council area in 2015/16 shows the three largest industries were:

  • Agriculture, Forestry and Fishing ($70 million or 18.5%)
  • Mining ($55 million or 14.8%)
  • Construction ($43 million or 11.4%)

In combination these three industries accounted for $168 million in total or 44.7% of the total value added by industry in Waratah-Wynyard Council area.

In comparison, the same 3 industries in Greater Hobart accounted for 3.4% in Agriculture, Forestry and Fishing; 0.2% in Mining; and 7.6% in Construction.

The major differences between the value added by industries of Waratah-Wynyard Council area and Greater Hobart were:

  • A larger percentage of value added by Agriculture, Forestry and Fishing (18.5% compared to 3.4%)
  • A larger percentage of value added by Mining (14.8% compared to 0.2%)
  • A smaller percentage of value added by Public Administration and Safety (1.8% compared to 10.0%)
  • A smaller percentage of value added by Electricity, Gas, Water and Waste Services (1.0% compared to 7.1%)

Change in value added by industry sector, 2010/11 to 2015/16
Change in value added by industry sector, 2010/11 to 2015/16 Agriculture, Forestry and Fishing, Waratah-Wynyard Council area: +$1.2 million Mining, Waratah-Wynyard Council area: +$1.4 million Manufacturing, Waratah-Wynyard Council area: -$3.6 million Electricity, Gas, Water and Waste Services, Waratah-Wynyard Council area: +$1.2 million Construction, Waratah-Wynyard Council area: +$2.1 million Wholesale Trade, Waratah-Wynyard Council area: -$7.5 million Retail Trade, Waratah-Wynyard Council area: -$1.6 million Accommodation and Food Services, Waratah-Wynyard Council area: +$0.2 million Transport, Postal and Warehousing, Waratah-Wynyard Council area: -$0.2 million Information Media and Telecommunications, Waratah-Wynyard Council area: +$0.2 million Financial and Insurance Services, Waratah-Wynyard Council area: +$0.1 million Rental, Hiring and Real Estate Services, Waratah-Wynyard Council area: +$0.3 million Professional, Scientific and Technical Services, Waratah-Wynyard Council area: +$1.1 million Administrative and Support Services, Waratah-Wynyard Council area: -$0.8 million Public Administration and Safety, Waratah-Wynyard Council area: -$1.2 million Education and Training, Waratah-Wynyard Council area: -$2.7 million Health Care and Social Assistance, Waratah-Wynyard Council area: +$2.3 million Arts and Recreation Services, Waratah-Wynyard Council area: +$0.3 million Other Services, Waratah-Wynyard Council area: +$0.4 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2016
Compiled and presented in economy.id by .id the population experts

Emerging groups

The total value added by industry in Waratah-Wynyard Council area decreased by 6.9 million between 2010/11 and 2015/16.

There were no major changes in the value added by industries between 2010/11 and 2015/16 in Waratah-Wynyard Council area.

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