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Meander Valley Council area

Output

In Meander Valley Council area, Agriculture, Forestry and Fishing had the largest output by industry, generating $333 million in 2017/18.

Output by industry is a gross measure of the total sales of each industry sector in Northern Tasmania 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 Northern Tasmania 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

Did you know? By clicking/tapping on a data row in the table you will be able to see sub categories.
Output by industry sector
Meander Valley Council area - Constant prices2017/182012/13Change
Industry
(Click rows to view sub-categories)
$m%Regional TAS%$m%Regional TAS%2012/13 to 2017/18
Agriculture, Forestry and Fishing332.723.713.2230.918.810.0+101.8
Mining26.21.96.314.41.27.9+11.7
Manufacturing251.417.915.0307.025.017.4-55.6
Electricity, Gas, Water and Waste Services11.00.82.316.91.44.1-5.9
Construction169.112.011.3176.314.411.7-7.2
Wholesale Trade40.22.93.442.03.43.7-1.8
Retail Trade79.05.64.950.24.14.5+28.8
Accommodation and Food Services36.32.62.942.83.52.9-6.5
Transport, Postal and Warehousing43.53.15.548.23.96.9-4.6
Information Media and Telecommunications10.60.82.36.40.52.1+4.2
Financial and Insurance Services16.91.25.215.81.34.6+1.1
Rental, Hiring and Real Estate Services11.80.82.013.81.11.6-2.0
Professional, Scientific and Technical Services20.51.52.316.71.42.0+3.8
Administrative and Support Services16.01.11.715.71.31.6+0.3
Public Administration and Safety45.43.23.841.63.43.9+3.8
Education and Training32.92.34.533.92.84.5-1.0
Health Care and Social Assistance125.08.99.869.45.77.9+55.6
Arts and Recreation Services114.88.21.471.05.81.0+43.8
Other Services22.41.62.515.41.31.8+7.0

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

Output by industry sector 2017/18
Output by industry sector 2017/18 Agriculture, Forestry and Fishing, Regional TAS: 13.2% Mining, Regional TAS: 6.3% Manufacturing, Regional TAS: 15.0% Electricity, Gas, Water and Waste Services, Regional TAS: 2.3% Construction, Regional TAS: 11.3% Wholesale Trade, Regional TAS: 3.4% Retail Trade, Regional TAS: 4.9% Accommodation and Food Services, Regional TAS: 2.9% Transport, Postal and Warehousing, Regional TAS: 5.5% Information Media and Telecommunications, Regional TAS: 2.3% Financial and Insurance Services, Regional TAS: 5.2% Rental, Hiring and Real Estate Services, Regional TAS: 2.0% Professional, Scientific and Technical Services, Regional TAS: 2.3% Administrative and Support Services, Regional TAS: 1.7% Public Administration and Safety, Regional TAS: 3.8% Education and Training, Regional TAS: 4.5% Health Care and Social Assistance, Regional TAS: 9.8% Arts and Recreation Services, Regional TAS: 1.4% Other Services, Regional TAS: 2.5% Agriculture, Forestry and Fishing, Meander Valley Council area: 23.7% Mining, Meander Valley Council area: 1.9% Manufacturing, Meander Valley Council area: 17.9% Electricity, Gas, Water and Waste Services, Meander Valley Council area: 0.8% Construction, Meander Valley Council area: 12.0% Wholesale Trade, Meander Valley Council area: 2.9% Retail Trade, Meander Valley Council area: 5.6% Accommodation and Food Services, Meander Valley Council area: 2.6% Transport, Postal and Warehousing, Meander Valley Council area: 3.1% Information Media and Telecommunications, Meander Valley Council area: 0.8% Financial and Insurance Services, Meander Valley Council area: 1.2% Rental, Hiring and Real Estate Services, Meander Valley Council area: 0.8% Professional, Scientific and Technical Services, Meander Valley Council area: 1.5% Administrative and Support Services, Meander Valley Council area: 1.1% Public Administration and Safety, Meander Valley Council area: 3.2% Education and Training, Meander Valley Council area: 2.3% Health Care and Social Assistance, Meander Valley Council area: 8.9% Arts and Recreation Services, Meander Valley Council area: 8.2% Other Services, Meander Valley Council area: 1.6%
Source: National Institute of Economic and Industry Research (NIEIR) ©2018
Compiled and presented in economy.id by .id the population experts
Change in output by industry sector, 2012/13 to 2017/18
Change in output by industry sector, 2012/13 to 2017/18 Agriculture, Forestry and Fishing, Meander Valley Council area: +$101.8 million Mining, Meander Valley Council area: +$11.7 million Manufacturing, Meander Valley Council area: -$55.6 million Electricity, Gas, Water and Waste Services, Meander Valley Council area: -$5.9 million Construction, Meander Valley Council area: -$7.2 million Wholesale Trade, Meander Valley Council area: -$1.8 million Retail Trade, Meander Valley Council area: +$28.8 million Accommodation and Food Services, Meander Valley Council area: -$6.5 million Transport, Postal and Warehousing, Meander Valley Council area: -$4.6 million Information Media and Telecommunications, Meander Valley Council area: +$4.2 million Financial and Insurance Services, Meander Valley Council area: +$1.1 million Rental, Hiring and Real Estate Services, Meander Valley Council area: -$2.0 million Professional, Scientific and Technical Services, Meander Valley Council area: +$3.8 million Administrative and Support Services, Meander Valley Council area: +$0.3 million Public Administration and Safety, Meander Valley Council area: +$3.8 million Education and Training, Meander Valley Council area: -$1.0 million Health Care and Social Assistance, Meander Valley Council area: +$55.6 million Arts and Recreation Services, Meander Valley Council area: +$43.8 million Other Services, Meander Valley Council area: +$7.0 million
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 output by industry sectors in Meander Valley Council area in 2017/18 shows the three largest industries were:

  • Agriculture, Forestry and Fishing (333 million or 23.7%)
  • Manufacturing (251 million or 17.9%)
  • Construction (169 million or 12.0%)

In combination these three industries accounted for $753 million in total or 53.6% of the total output by total industry in Meander Valley Council area.

In comparison, the same 3 industries in Regional TAS accounted for 13.2% in Agriculture, Forestry and Fishing; 15.0% in Manufacturing; and 11.3% in Construction.

The major differences between output by industries in Meander Valley Council area and Regional TAS were:

  • A larger percentage of output by Agriculture, Forestry and Fishing (23.7% compared to 13.2%)
  • A larger percentage of output by Arts and Recreation Services (8.2% compared to 1.4%)
  • A smaller percentage of output by Mining (1.9% compared to 6.3%)
  • A smaller percentage of output by Financial and Insurance Services (1.2% compared to 5.2%)

Emerging groups

The total industry output in Meander Valley Council area increased by $177.4 million between 2012/13 and 2017/18.

The largest changes in the output by industries between 2012/13 and 2017/18 in Meander Valley Council area were for:

  • Agriculture, Forestry and Fishing (+$102 million)
  • Manufacturing (-$56 million)
  • Health Care and Social Assistance (+$56 million)

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