Northern Tasmania RegionEconomic profile
Skip to content

Northern Midlands Council area

Value added

In Northern Midlands Council area, Agriculture, Forestry and Fishing is the most productive industry, generating $244 million in 2017/18.

Value added by industry is an indicator of business productivity in Northern Tasmania 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 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 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
Northern Midlands 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 Fishing244.436.617.5215.636.715.9+28.8
Mining11.61.77.79.21.68.5+2.4
Manufacturing94.314.18.883.814.310.5+10.5
Electricity, Gas, Water and Waste Services4.10.61.98.91.52.7-4.8
Construction47.57.15.741.77.15.9+5.7
Wholesale Trade70.510.63.742.77.34.1+27.8
Retail Trade22.53.45.518.43.15.3+4.2
Accommodation and Food Services9.61.42.711.11.92.9-1.5
Transport, Postal and Warehousing55.38.34.253.39.15.5+2.0
Information Media and Telecommunications7.01.12.54.30.72.2+2.7
Financial and Insurance Services8.31.26.48.51.45.8-0.2
Rental, Hiring and Real Estate Services6.10.91.65.40.91.3+0.7
Professional, Scientific and Technical Services4.00.62.04.70.82.0-0.7
Administrative and Support Services8.51.31.74.90.81.9+3.6
Public Administration and Safety14.62.24.319.73.34.3-5.1
Education and Training12.71.96.312.42.16.5+0.3
Health Care and Social Assistance35.25.314.633.75.712.3+1.5
Arts and Recreation Services1.90.30.91.60.30.8+0.3
Other Services9.51.41.87.51.31.7+2.0

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

Value added by industry sector 2017/18
Value added by industry sector 2017/18 Agriculture, Forestry and Fishing, Regional TAS: 17.5% Mining, Regional TAS: 7.7% Manufacturing, Regional TAS: 8.8% Electricity, Gas, Water and Waste Services, Regional TAS: 1.9% Construction, Regional TAS: 5.7% Wholesale Trade, Regional TAS: 3.7% Retail Trade, Regional TAS: 5.5% Accommodation and Food Services, Regional TAS: 2.7% Transport, Postal and Warehousing, Regional TAS: 4.2% Information Media and Telecommunications, Regional TAS: 2.5% Financial and Insurance Services, Regional TAS: 6.4% Rental, Hiring and Real Estate Services, Regional TAS: 1.6% Professional, Scientific and Technical Services, Regional TAS: 2.0% Administrative and Support Services, Regional TAS: 1.7% Public Administration and Safety, Regional TAS: 4.3% Education and Training, Regional TAS: 6.3% Health Care and Social Assistance, Regional TAS: 14.6% Arts and Recreation Services, Regional TAS: 0.9% Other Services, Regional TAS: 1.8% Agriculture, Forestry and Fishing, Northern Midlands Council area: 36.6% Mining, Northern Midlands Council area: 1.7% Manufacturing, Northern Midlands Council area: 14.1% Electricity, Gas, Water and Waste Services, Northern Midlands Council area: 0.6% Construction, Northern Midlands Council area: 7.1% Wholesale Trade, Northern Midlands Council area: 10.6% Retail Trade, Northern Midlands Council area: 3.4% Accommodation and Food Services, Northern Midlands Council area: 1.4% Transport, Postal and Warehousing, Northern Midlands Council area: 8.3% Information Media and Telecommunications, Northern Midlands Council area: 1.1% Financial and Insurance Services, Northern Midlands Council area: 1.2% Rental, Hiring and Real Estate Services, Northern Midlands Council area: 0.9% Professional, Scientific and Technical Services, Northern Midlands Council area: 0.6% Administrative and Support Services, Northern Midlands Council area: 1.3% Public Administration and Safety, Northern Midlands Council area: 2.2% Education and Training, Northern Midlands Council area: 1.9% Health Care and Social Assistance, Northern Midlands Council area: 5.3% Arts and Recreation Services, Northern Midlands Council area: 0.3% Other Services, Northern Midlands Council area: 1.4%
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 Northern Midlands Council area in 2017/18 shows the three largest industries were:

  • Agriculture, Forestry and Fishing ($244 million or 36.6%)
  • Manufacturing ($94 million or 14.1%)
  • Wholesale Trade ($70 million or 10.6%)

In combination these three industries accounted for $409 million in total or 61.3% of the total value added by industry in Northern Midlands Council area.

In comparison, the same 3 industries in Regional TAS accounted for 17.5% in Agriculture, Forestry and Fishing; 8.8% in Manufacturing; and 3.7% in Wholesale Trade.

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

  • A larger percentage of value added by Agriculture, Forestry and Fishing (36.6% compared to 17.5%)
  • A larger percentage of value added by Wholesale Trade (10.6% compared to 3.7%)
  • A smaller percentage of value added by Health Care and Social Assistance (5.3% compared to 14.6%)
  • A smaller percentage of value added by Mining (1.7% compared to 7.7%)

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, Northern Midlands Council area: +$28.8 million Mining, Northern Midlands Council area: +$2.4 million Manufacturing, Northern Midlands Council area: +$10.5 million Electricity, Gas, Water and Waste Services, Northern Midlands Council area: -$4.8 million Construction, Northern Midlands Council area: +$5.7 million Wholesale Trade, Northern Midlands Council area: +$27.8 million Retail Trade, Northern Midlands Council area: +$4.2 million Accommodation and Food Services, Northern Midlands Council area: -$1.5 million Transport, Postal and Warehousing, Northern Midlands Council area: +$2.0 million Information Media and Telecommunications, Northern Midlands Council area: +$2.7 million Financial and Insurance Services, Northern Midlands Council area: -$0.2 million Rental, Hiring and Real Estate Services, Northern Midlands Council area: +$0.7 million Professional, Scientific and Technical Services, Northern Midlands Council area: -$0.7 million Administrative and Support Services, Northern Midlands Council area: +$3.6 million Public Administration and Safety, Northern Midlands Council area: -$5.1 million Education and Training, Northern Midlands Council area: +$0.3 million Health Care and Social Assistance, Northern Midlands Council area: +$1.5 million Arts and Recreation Services, Northern Midlands Council area: +$0.3 million Other Services, Northern Midlands Council area: +$2.0 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 Northern Midlands Council area increased by 80.2 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 Northern Midlands Council area.

v18.09.24-1.0.0