Cradle Coast Region

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King Island Council area

Output

In the King Island Council area, Agriculture, Forestry and Fishing had the largest output by industry, generating $122 million in 2018/19.

Output by industry is a gross measure of the total sales of each industry sector in the King Island Council area. 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 the King Island Council area’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.

Data source

National Economics (NIEIR) - Modelled series

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Output by industry sector
King Island Council area2018/192013/14Change
Industry$m%. Tasmania$m%. Tasmania2013/14 - 2018/19
Agriculture, Forestry and Fishing121.647.89.685.240.77.4+36.4
Mining0.003.00.004.8--
Manufacturing38.615.212.250.224.015.0-11.6
Electricity, Gas, Water and Waste Services11.44.54.57.53.65.4+3.9
Construction19.27.512.915.97.611.6+3.2
Wholesale Trade3.31.32.82.81.33.1+0.6
Retail Trade7.63.04.55.12.44.7+2.4
Accommodation and Food Services4.51.83.13.81.83.1+0.7
Transport, Postal and Warehousing7.93.15.29.54.55.4-1.7
Information Media and Telecommunications1.20.54.11.60.83.7-0.4
Financial and Insurance Services2.51.05.42.81.35.4-0.3
Rental, Hiring and Real Estate Services3.61.42.21.90.91.8+1.7
Professional, Scientific and Technical Services1.00.43.51.00.53.1+0.0
Administrative and Support Services3.11.21.91.90.91.9+1.2
Public Administration and Safety8.13.25.47.13.46.3+1.0
Education and Training7.63.05.25.92.84.9+1.7
Health Care and Social Assistance8.43.310.94.12.09.0+4.2
Arts and Recreation Services1.40.51.60.70.41.5+0.6
Other Services3.61.42.22.21.01.9+1.4
Total industries254.5100.0100.0209.2100.0100.0+45.3

Source: National Institute of Economic and Industry Research (NIEIR) (NIEIR) ©2019. Compiled and presented in economy.id by .id 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

Please refer to specific data notes for more information
Did you know? By clicking/tapping on a category in the chart below you will be able to drilldown to the sub categories.

Dominant groups

An analysis of the output by industry sectors in the King Island Council area in 2018/19 shows the three largest industries were:

  • Agriculture, Forestry and Fishing ($122 million or 47.8%)
  • Manufacturing ($39 million or 15.2%)
  • Construction ($19 million or 7.5%)

In combination these three industries accounted for $179 million in total or 70.5% of the total output by total industry in the the King Island Council area.

In comparison, the same 3 industries in Tasmania accounted for 9.6% in Agriculture, Forestry and Fishing; 12.2% in Manufacturing and 12.9% in Construction.

The major differences between output by industries of the King Island Council area and Tasmania were:

  • A larger percentage of output by Agriculture, Forestry and Fishing (47.8% compared to 9.6%)
  • A smaller percentage of output by Health Care and Social Assistance (3.3% compared to 10.9%)
  • A smaller percentage of output by Construction (7.5% compared to 12.9%)
  • A smaller percentage of output by Financial and Insurance Services (1.0% compared to 5.4%)

Emerging groups

The total industry output in the King Island Council area increased by $45 million between 2013/14 and 2018/19.

The largest changes in the output by industries between 2013/14 and 2018/19 in the King Island Council area were for:

  • Agriculture, Forestry and Fishing (+$36 million)
  • Health Care and Social Assistance (+$4 million)
  • Electricity, Gas, Water and Waste Services (+$4 million)
  • Construction (+$3 million)

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