Cradle Coast RegionEconomic profile
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West Coast Council area

Value added

In West Coast Council area, Mining is the most productive industry, generating $115 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
West Coast 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 Fishing30.610.53.416.35.73.2+14.3
Mining115.139.60.2133.446.30.2-18.4
Manufacturing7.82.75.512.34.26.7-4.5
Electricity, Gas, Water and Waste Services18.26.37.115.65.48.7+2.6
Construction25.78.87.621.77.57.2+4.0
Wholesale Trade2.50.92.93.71.33.1-1.2
Retail Trade7.02.47.17.02.46.60
Accommodation and Food Services14.24.93.412.74.43.4+1.5
Transport, Postal and Warehousing15.95.56.115.05.26.2+1.0
Information Media and Telecommunications2.60.94.42.60.93.90
Financial and Insurance Services4.41.57.53.81.38.1+0.7
Rental, Hiring and Real Estate Services2.50.93.11.70.62.6+0.8
Professional, Scientific and Technical Services1.50.55.51.40.54.7+0.1
Administrative and Support Services9.33.22.010.83.82.4-1.6
Public Administration and Safety7.32.510.07.92.711.6-0.6
Education and Training9.63.39.09.63.38.50
Health Care and Social Assistance8.63.011.55.72.09.2+2.9
Arts and Recreation Services1.70.61.01.80.61.0-0.1
Other Services6.02.12.75.41.92.7+0.6

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.

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, West Coast Council area: 10.5% Mining, West Coast Council area: 39.6% Manufacturing, West Coast Council area: 2.7% Electricity, Gas, Water and Waste Services, West Coast Council area: 6.3% Construction, West Coast Council area: 8.8% Wholesale Trade, West Coast Council area: 0.9% Retail Trade, West Coast Council area: 2.4% Accommodation and Food Services, West Coast Council area: 4.9% Transport, Postal and Warehousing, West Coast Council area: 5.5% Information Media and Telecommunications, West Coast Council area: 0.9% Financial and Insurance Services, West Coast Council area: 1.5% Rental, Hiring and Real Estate Services, West Coast Council area: 0.9% Professional, Scientific and Technical Services, West Coast Council area: 0.5% Administrative and Support Services, West Coast Council area: 3.2% Public Administration and Safety, West Coast Council area: 2.5% Education and Training, West Coast Council area: 3.3% Health Care and Social Assistance, West Coast Council area: 3.0% Arts and Recreation Services, West Coast Council area: 0.6% Other Services, West Coast Council area: 2.1%
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 West Coast Council area in 2015/16 shows the three largest industries were:

  • Mining ($115 million or 39.6%)
  • Agriculture, Forestry and Fishing ($31 million or 10.5%)
  • Construction ($26 million or 8.8%)

In combination these three industries accounted for $171 million in total or 59.0% of the total value added by industry in West Coast Council area.

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

The major differences between the value added by industries of West Coast Council area and Greater Hobart were:

  • A larger percentage of value added by Mining (39.6% compared to 0.2%)
  • A larger percentage of value added by Agriculture, Forestry and Fishing (10.5% compared to 3.4%)
  • A smaller percentage of value added by Health Care and Social Assistance (3.0% compared to 11.5%)
  • A smaller percentage of value added by Public Administration and Safety (2.5% compared to 10.0%)

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, West Coast Council area: +$14.3 million Mining, West Coast Council area: -$18.4 million Manufacturing, West Coast Council area: -$4.5 million Electricity, Gas, Water and Waste Services, West Coast Council area: +$2.6 million Construction, West Coast Council area: +$4.0 million Wholesale Trade, West Coast Council area: -$1.2 million Retail Trade, West Coast Council area: 0 million Accommodation and Food Services, West Coast Council area: +$1.5 million Transport, Postal and Warehousing, West Coast Council area: +$1.0 million Information Media and Telecommunications, West Coast Council area: 0 million Financial and Insurance Services, West Coast Council area: +$0.7 million Rental, Hiring and Real Estate Services, West Coast Council area: +$0.8 million Professional, Scientific and Technical Services, West Coast Council area: +$0.1 million Administrative and Support Services, West Coast Council area: -$1.6 million Public Administration and Safety, West Coast Council area: -$0.6 million Education and Training, West Coast Council area: 0 million Health Care and Social Assistance, West Coast Council area: +$2.9 million Arts and Recreation Services, West Coast Council area: -$0.1 million Other Services, West Coast Council area: +$0.6 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 West Coast Council area increased by 2.1 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 West Coast Council area.

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