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Circular Head Council area

Value added

In Circular Head Council area, Agriculture, Forestry and Fishing is the most productive industry, generating $231 million in 2017/18.

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
Circular Head Council area - Constant prices2017/182012/13Change
Industry
(Click rows to view sub-categories)
$m%Greater Hobart%$m%Greater Hobart%2012/13 to 2017/18
Agriculture, Forestry and Fishing231.345.73.3208.542.12.8+22.8
Mining30.56.01.242.28.51.0-11.7
Manufacturing73.714.65.577.915.75.9-4.3
Electricity, Gas, Water and Waste Services1.40.34.54.10.86.2-2.8
Construction16.63.35.429.76.05.6-13.2
Wholesale Trade13.82.73.115.83.23.4-2.0
Retail Trade22.54.46.118.23.75.9+4.3
Accommodation and Food Services16.03.23.310.82.23.3+5.2
Transport, Postal and Warehousing11.22.23.412.92.64.0-1.7
Information Media and Telecommunications7.21.45.53.80.85.4+3.4
Financial and Insurance Services13.02.610.110.42.18.3+2.6
Rental, Hiring and Real Estate Services3.10.62.14.20.82.1-1.1
Professional, Scientific and Technical Services5.01.04.54.70.94.9+0.3
Administrative and Support Services4.10.82.12.90.62.0+1.3
Public Administration and Safety8.91.811.17.21.510.7+1.6
Education and Training18.33.68.715.73.29.0+2.6
Health Care and Social Assistance22.04.316.420.24.115.8+1.8
Arts and Recreation Services2.00.41.61.60.31.6+0.4
Other Services5.41.12.14.70.92.1+0.8

Source: National Institute of Economic and Industry Research (NIEIR) ©2018. 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

Value added by industry sector 2017/18
Value added by industry sector 2017/18 Agriculture, Forestry and Fishing, Greater Hobart: 3.3% Mining, Greater Hobart: 1.2% Manufacturing, Greater Hobart: 5.5% Electricity, Gas, Water and Waste Services, Greater Hobart: 4.5% Construction, Greater Hobart: 5.4% Wholesale Trade, Greater Hobart: 3.1% Retail Trade, Greater Hobart: 6.1% Accommodation and Food Services, Greater Hobart: 3.3% Transport, Postal and Warehousing, Greater Hobart: 3.4% Information Media and Telecommunications, Greater Hobart: 5.5% Financial and Insurance Services, Greater Hobart: 10.1% Rental, Hiring and Real Estate Services, Greater Hobart: 2.1% Professional, Scientific and Technical Services, Greater Hobart: 4.5% Administrative and Support Services, Greater Hobart: 2.1% Public Administration and Safety, Greater Hobart: 11.1% Education and Training, Greater Hobart: 8.7% Health Care and Social Assistance, Greater Hobart: 16.4% Arts and Recreation Services, Greater Hobart: 1.6% Other Services, Greater Hobart: 2.1% Agriculture, Forestry and Fishing, Circular Head Council area: 45.7% Mining, Circular Head Council area: 6.0% Manufacturing, Circular Head Council area: 14.6% Electricity, Gas, Water and Waste Services, Circular Head Council area: 0.3% Construction, Circular Head Council area: 3.3% Wholesale Trade, Circular Head Council area: 2.7% Retail Trade, Circular Head Council area: 4.4% Accommodation and Food Services, Circular Head Council area: 3.2% Transport, Postal and Warehousing, Circular Head Council area: 2.2% Information Media and Telecommunications, Circular Head Council area: 1.4% Financial and Insurance Services, Circular Head Council area: 2.6% Rental, Hiring and Real Estate Services, Circular Head Council area: 0.6% Professional, Scientific and Technical Services, Circular Head Council area: 1.0% Administrative and Support Services, Circular Head Council area: 0.8% Public Administration and Safety, Circular Head Council area: 1.8% Education and Training, Circular Head Council area: 3.6% Health Care and Social Assistance, Circular Head Council area: 4.3% Arts and Recreation Services, Circular Head Council area: 0.4% Other Services, Circular Head Council area: 1.1%
Source: National Institute of Economic and Industry Research (NIEIR) ©2018
Compiled and presented in economy.id by .id the population experts

Dominant groups

An analysis of the valued added by industry sectors in Circular Head Council area in 2017/18 shows the three largest industries were:

  • Agriculture, Forestry and Fishing ($231 million or 45.7%)
  • Manufacturing ($74 million or 14.6%)
  • Mining ($31 million or 6.0%)

In combination these three industries accounted for $335 million in total or 66.3% of the total value added by industry in Circular Head Council area.

In comparison, the same 3 industries in Greater Hobart accounted for 3.3% in Agriculture, Forestry and Fishing; 5.5% in Manufacturing; and 1.2% in Mining.

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

  • A larger percentage of value added by Agriculture, Forestry and Fishing (45.7% compared to 3.3%)
  • A larger percentage of value added by Manufacturing (14.6% compared to 5.5%)
  • A smaller percentage of value added by Health Care and Social Assistance (4.3% compared to 16.4%)
  • A smaller percentage of value added by Public Administration and Safety (1.8% compared to 11.1%)

Change in value added by industry sector, 2012/13 to 2017/18
Change in value added by industry sector, 2012/13 to 2017/18 Agriculture, Forestry and Fishing, Circular Head Council area: +$22.8 million Mining, Circular Head Council area: -$11.7 million Manufacturing, Circular Head Council area: -$4.3 million Electricity, Gas, Water and Waste Services, Circular Head Council area: -$2.8 million Construction, Circular Head Council area: -$13.2 million Wholesale Trade, Circular Head Council area: -$2.0 million Retail Trade, Circular Head Council area: +$4.3 million Accommodation and Food Services, Circular Head Council area: +$5.2 million Transport, Postal and Warehousing, Circular Head Council area: -$1.7 million Information Media and Telecommunications, Circular Head Council area: +$3.4 million Financial and Insurance Services, Circular Head Council area: +$2.6 million Rental, Hiring and Real Estate Services, Circular Head Council area: -$1.1 million Professional, Scientific and Technical Services, Circular Head Council area: +$0.3 million Administrative and Support Services, Circular Head Council area: +$1.3 million Public Administration and Safety, Circular Head Council area: +$1.6 million Education and Training, Circular Head Council area: +$2.6 million Health Care and Social Assistance, Circular Head Council area: +$1.8 million Arts and Recreation Services, Circular Head Council area: +$0.4 million Other Services, Circular Head Council area: +$0.8 million
Source: National Institute of Economic and Industry Research (NIEIR) ©2018
Compiled and presented in economy.id by .id the population experts

Emerging groups

The total value added by industry in Circular Head Council area increased by 10.3 million between 2012/13 and 2017/18.

There were no major changes in the value added by industries between 2012/13 and 2017/18 in Circular Head Council area.

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