Cradle Coast Region
In the Cradle Coast Region, Manufacturing had the largest output by industry, generating $1,632 million in 2017/18.
Output by industry is a gross measure of the total sales of each industry sector in Cradle Coast Region. It does not measure how productive each industry sector is at producing this output - which is measured by value added.
By comparing the output of each industry sector to a regional benchmark, you can clearly see the structure of Cradle Coast Region’s economy. This can be done by directly comparing the percentage contribution of each industry to the total output, relative to the benchmark, or by using a location quotient, where a number greater than one indicates a high concentration of that industry and less than one indicates a lower concentration.
To get the full picture how each industry sector contributes to the regional or state economy, output data should be viewed alongside the other industry characteristics in the Industry sector analysis section.
Detailed data notes about how the figures are derived can be found in the specific topic notes section.
The gross measure of output includes the value of all the inputs to each industry.
National Economics (NIEIR) - Modelled series
|Output by industry sector|
|Cradle Coast Region - Constant prices||2017/18||2012/13||Change|
|Industry (Click rows to view sub-categories)||$m||%||Tasmania%||$m||%||Tasmania%||2012/13 to 2017/18|
|Agriculture, Forestry and Fishing||1,262.6||12.4||8.1||942.0||9.2||6.2||+320.6||23000||P|
|Electricity, Gas, Water and Waste Services||195.1||1.9||4.1||343.1||3.4||6.9||-148.0||23300||P|
|Accommodation and Food Services||271.6||2.7||3.1||251.9||2.5||3.0||+19.8||23700||P|
|Transport, Postal and Warehousing||681.5||6.7||5.1||843.6||8.3||6.1||-162.1||23800||P|
|Information Media and Telecommunications||174.2||1.7||3.6||136.8||1.3||3.6||+37.4||23900||P|
|Financial and Insurance Services||317.4||3.1||6.9||266.5||2.6||5.8||+50.8||24000||P|
|Rental, Hiring and Real Estate Services||184.4||1.8||2.2||141.6||1.4||2.0||+42.8||24100||P|
|Professional, Scientific and Technical Services||187.9||1.8||3.5||160.0||1.6||3.2||+27.9||24200||P|
|Administrative and Support Services||200.1||2.0||1.8||176.7||1.7||1.6||+23.4||24300||P|
|Public Administration and Safety||367.7||3.6||6.6||353.4||3.5||6.4||+14.3||24400||P|
|Education and Training||387.4||3.8||5.3||372.4||3.6||5.2||+15.1||24500||P|
|Health Care and Social Assistance||847.4||8.3||10.2||706.5||6.9||8.8||+140.9||24600||P|
|Arts and Recreation Services||77.4||0.8||1.8||46.6||0.5||1.5||+30.8||24700||P|
Source: National Institute of Economic and Industry Research (NIEIR) (opens a new window) ©2018. Compiled and presented in economy.id by .id (opens a new window), the population experts.
Data are based on a 2016-17 price base for all years. NIEIR-ID data are inflation adjusted each year to allow direct comparison, and annual data releases adjust previous years’ figures to a new base year.Learn more
An analysis of the output by industry sectors in Cradle Coast Region in 2017/18 shows the three largest industries were:
- Manufacturing (1,632 million or 16.1%)
- Construction (1,342 million or 13.2%)
- Agriculture, Forestry and Fishing (1,263 million or 12.4%)
In combination these three industries accounted for $4,237 million in total or 41.7% of the total output by total industry in the Cradle Coast Region.
In comparison, the same 3 industries in Tasmania accounted for 12.3% in Manufacturing; 10.8% in Construction; and 8.1% in Agriculture, Forestry and Fishing.
The major differences between output by industries in the Cradle Coast Region and Tasmania were:
- A larger percentage of output by Mining (10.4% compared to 3.8%)
- A larger percentage of output by Agriculture, Forestry and Fishing (12.4% compared to 8.1%)
- A larger percentage of output by Manufacturing (16.1% compared to 12.3%)
- A smaller percentage of output by Financial and Insurance Services (3.1% compared to 6.9%)
The total industry output in the Cradle Coast Region decreased by $63.9 million between 2012/13 and 2017/18.
The largest changes in the output by industries between 2012/13 and 2017/18 in the Cradle Coast Region were for:
- Agriculture, Forestry and Fishing (+$321 million)
- Manufacturing (-$315 million)
- Mining (-$290 million)
- Transport, Postal and Warehousing (-$162 million)