Hobsons Bay City

Value added

In Hobsons Bay City, Transport, Postal and Warehousing most productive industry, generating $777 million in 2021/22.

Value added by industry is an indicator of business productivity in Hobsons Bay City. 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 Hobsons Bay City’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 analysissection. 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.

Data source

National Economics (NIEIR) - Modelled series

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Value added by industry sector
Hobsons Bay City2021/222016/17Change
Industry$m%. Victoria$m%. Victoria2016/17 - 2021/22
Agriculture, Forestry and Fishing13.60.32.918.70.42.8-5.1
Mining20.50.40.914.70.31.2+5.8
Manufacturing724.214.67.91,184.523.08.9-460.3
Electricity, Gas, Water and Waste Services136.82.82.9145.12.83.3-8.2
Construction662.013.49.4561.810.99.0+100.2
Wholesale Trade410.38.35.6424.88.26.3-14.5
Retail Trade351.67.15.9266.05.25.9+85.6
Accommodation and Food Services101.62.12.096.91.92.3+4.7
Transport, Postal and Warehousing776.715.75.3840.416.36.0-63.8
Information Media and Telecommunications63.51.33.336.30.73.0+27.2
Financial and Insurance Services149.53.011.0160.53.111.0-10.9
Rental, Hiring and Real Estate Services172.63.53.2144.72.83.3+27.9
Professional, Scientific and Technical Services241.04.910.0189.93.78.9+51.1
Administrative and Support Services207.04.24.5175.13.44.3+31.8
Public Administration and Safety213.14.36.0275.25.35.5-62.1
Education and Training219.44.46.2187.73.66.4+31.7
Health Care and Social Assistance321.06.510.1267.05.28.5+54.0
Arts and Recreation Services56.61.11.245.60.91.2+11.0
Other Services105.12.11.8114.82.22.1-9.7
Total industries4,946.0100.0100.05,149.7100.0100.0-203.6

Source: National Institute of Economic and Industry Research (NIEIR) ©2023. Compiled and presented in economy.id by .id (informed decisions). NIEIR-ID data are adjusted each year, using updated employment estimates. Each release may change previous years’ figures. 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.
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Dominant groups

An analysis of the valued added by industry sectors in Hobsons Bay City in 2021/22 shows the three largest industries were:

  • Transport, Postal and Warehousing (777 million or 15.7%)
  • Manufacturing (724 million or 14.6%)
  • Construction (662 million or 13.4%)

In combination these three industries accounted for 2,163 million in total or 43.7% of the total value added by industry in the Hobsons Bay City.

In comparison, the same 3 industries in Victoria accounted for 5.3% in Transport, Postal and Warehousing; 7.9% in Manufacturing and 9.4% in Construction.

The major differences between the value added by industries of Hobsons Bay City and Victoria were:

  • A larger percentage of value added by Transport, Postal and Warehousing (15.7% compared to 5.3%)
  • A smaller percentage of value added by Financial and Insurance Services (3.0% compared to 11.0%)
  • A larger percentage of value added by Manufacturing (14.6% compared to 7.9%)
  • A smaller percentage of value added by Professional, Scientific and Technical Services (4.9% compared to 10.0%)

Emerging groups

The total value added by industry in Hobsons Bay City $decreased by -204 million between 2016/17 and 2021/22.

The largest changes in the value added by industries between 2016/17 and 2021/22 in Hobsons Bay City were for:

  • Construction (+$100 million)
  • Retail Trade (+$86 million)
  • Health Care and Social Assistance (+$54 million)
  • Professional, Scientific and Technical Services (+$51 million)

Hobsons Bay City

economic profile