Northern Tasmania Region

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Northern Midlands Council area

Value added

In the Northern Midlands Council area, Agriculture, Forestry and Fishing most productive industry, generating $294 million in 2018/19.

Value added by industry is an indicator of business productivity in the Northern Midlands Council area. 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 the Northern Midlands 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 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
Northern Midlands Council area2018/192013/14Change
Industry$m%. Tasmania$m%. Tasmania2013/14 - 2018/19
Agriculture, Forestry and Fishing293.939.012.1211.835.210.6+82.1
Mining8.11.13.74.50.84.9+3.5
Manufacturing104.413.96.989.414.98.1+15.0
Electricity, Gas, Water and Waste Services4.90.73.58.01.34.3-3.1
Construction67.28.97.840.56.76.7+26.7
Wholesale Trade61.88.23.555.29.23.8+6.6
Retail Trade21.82.95.419.53.35.4+2.3
Accommodation and Food Services11.61.53.011.21.93.0+0.4
Transport, Postal and Warehousing62.48.34.654.69.14.5+7.8
Information Media and Telecommunications10.91.54.24.00.73.6+6.9
Financial and Insurance Services6.90.96.58.41.46.7-1.5
Rental, Hiring and Real Estate Services7.00.92.06.41.11.8+0.5
Professional, Scientific and Technical Services4.00.53.44.70.83.3-0.6
Administrative and Support Services9.41.32.06.41.12.0+3.1
Public Administration and Safety14.51.96.619.23.27.3-4.7
Education and Training14.31.97.013.22.27.3+1.1
Health Care and Social Assistance38.85.114.634.05.713.5+4.8
Arts and Recreation Services1.70.21.21.80.31.2+0.0
Other Services9.51.31.98.51.42.0+0.9
Total industries753.2100.0100.0601.3100.0100.0+151.8

Source: National Institute of Economic and Industry Research (NIEIR) ©2019. Compiled and presented in economy.id by .id the population experts. 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 the Northern Midlands Council area in 2018/19 shows the three largest industries were:

  • Agriculture, Forestry and Fishing (294 million or 39.0%)
  • Manufacturing (104 million or 13.9%)
  • Construction (67 million or 8.9%)

In combination these three industries accounted for 465 million in total or 61.8% of the total value added by industry in the the Northern Midlands Council area.

In comparison, the same 3 industries in Tasmania accounted for 12.1% in Agriculture, Forestry and Fishing; 6.9% in Manufacturing and 7.8% in Construction.

The major differences between the value added by industries of the Northern Midlands Council area and Tasmania were:

  • A larger percentage of value added by Agriculture, Forestry and Fishing (39.0% compared to 12.1%)
  • A smaller percentage of value added by Health Care and Social Assistance (5.1% compared to 14.6%)
  • A larger percentage of value added by Manufacturing (13.9% compared to 6.9%)
  • A smaller percentage of value added by Financial and Insurance Services (0.9% compared to 6.5%)

Emerging groups

The total value added by industry in the Northern Midlands Council area $increased by 152 million between 2013/14 and 2018/19.

The largest changes in the value added by industries between 2013/14 and 2018/19 in the Northern Midlands Council area were for:

  • Agriculture, Forestry and Fishing (+$82 million)
  • Construction (+$27 million)
  • Manufacturing (+$15 million)
  • Transport, Postal and Warehousing (+$8 million)

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Northern Tasmania Region

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