THE CONTRIBUTION OF FOOD AND FIBRE TO THE VICTORIAN ECONOMY KEY ECONOMIC DATA - MARCH 2015 Agriculture Division - Strategy and Policy Integration. Key contact: Warren Hill, Director. warren.hill@ecodev.vic.gov.au This factsheet provides an overview of the economic contribution of Victoria’s food and fibre sector including an analysis of its characteristics and performance. While we focus on Victoria, comparisons are made to other jurisdictions and to Australia. The sector has been defined based on the Australian and New Zealand Standard Industrial Classification (ANZSIC). Food and fibre is categorised as (1) production (agriculture, forestry and fisheries) and (2) manufacturing (food, beverage and tobacco, wood products, and paper products). Economic contribution of food and fibre to Victoria Food and fibre’s contribution to the Victorian economy can be measured in several ways. Some of the key measures commonly used include industry gross value added, export value, employment and business counts. Contribution to Gross State Product (GSP) Food and fibre production and manufacturing contributes about 4.9 per cent to the Victorian GSP. In 2013-14, food and fibre production directly contributed 2.45 per cent to the Victorian GSP. While there is currently no figure for 2013-14, food and fibre manufacturing contributed 2.43 per cent to Victorian GSP in 2012-13. Victorian nominal GSP was $350 billion in 2013-14, accounting for 22 per cent of national output, a 1.7 per cent increase from 2012-13. Western Australia, Queensland and NSW experienced GSP growth of 5.5 per cent, 2.3 per cent and 2.1 per cent from 2012-13, respectively. Exports The total value of Victoria’s food and fibre exports in 201314 was a record $11.4 billion comprising of $8.8 billion of food exports, and $2.6 billion of fibre exports. Food and fibre exports play a big role in the Victorian economy, making up just under half (48%) of total goods exports and accounting for 27 per cent of Australia’s total food and fibre exports in 2013-14. The five most valuable markets for Victorian food and fibre exports in 2013-14 were China, Japan, USA, New Zealand and Indonesia, accounting for 46 per cent of the State’s food and fibre exports in 2013-14. The meat industry was Victoria’s most valuable export commodity, worth $2.3 billion, an increase of $626 million from 2012-13. Victoria’s dairy product exports, worth $2.3 billion, represented 85% of Australia’s dairy product exports. This was an increase of $431 million from 2012-13. Exports from grains in Victoria were worth $1.9 billion in 2013-14. Victoria accounted for 50% of Australia’s horticulture exports valued at $894 million in 2013-14; an increase of 48% from 2012-13. Employment In 2013-14, Victoria’s food and fibre production and manufacturing generated about 178,950 jobs. Victoria was the best performing state in food and fibre production employing 89,100 people (28 per cent of primary production employment in Australia). About 86 per cent or 77,000 of the agriculture jobs were in regional Victoria. NSW was the second best performing state generating 84,000 jobs. Of the 89,100 jobs, 79,680 were in agriculture, 700 in aquaculture, 1,900 in forestry and logging, 700 in fishing and about 6,000 in agriculture support services. There were 89,850 jobs in Victorian food and fibre manufacturing in 2013-14. This comprised of 62,580 in food, 6,830 in beverages and tobacco, 14,200 in wood products and 6,250 in paper products. Farm businesses In 2012-13, the number of Victorian food and fibre businesses was 36,358, comprising of 30,921 in production and 5,437 in manufacturing. Beef and sheep industries had the largest number of businesses (15,252 and 10,716 businesses respectively). The dairy industry recorded 4,268 enterprises. There were 2,001 grape enterprises (of which 1,574 produced wine grapes), 1,562 fruit and nut businesses and 573 vegetable businesses in Victoria. Manufacturing businesses consisting of 2,933 in food, 657 in beverage and tobacco, 1,560 in wood products, and 287 in paper. Victoria’s food and fibre production industries Land use The 2012-13 area of land used for food and fibre production in Victoria was 12.2 million hectares, or 53 per cent of total land. Of the total agricultural land, 42 per cent is used for cropping and 58 per cent for grazing. Page | 1 Food and fibre production In 2012-13, the beef industry managed 2.4 million cows, producing 369 kilotonnes (kt) of beef, while the sheep industry managed 16 million head, producing 262 kt. The dairy industry managed 1.1 million cows. Victoria is Australia’s largest dairy producing state, producing 6 billion litres of milk. Total grains production was just under 7 million tonnes, comprising cereals (82%), oilseeds (13%) and pulses (5%). Victoria is the nation’s largest producer of several horticultural crops: 89% of Australian pear, 82% of peaches, 78% almonds, 40% of strawberries, and 22% of vegetables. Victoria is Australia’s second-largest wool-producing state, producing 95 kt in 2012-13. Victoria also produced 243 kt of chicken meat, 71 kt of pig meat and 78 million dozens of eggs in 2012-13. production was $2.3 billion, about 30% of the total value of Australia’s production. This value was concentrated in 7 crops: pome fruit, table grapes, wine grapes, potatoes, almonds, stone fruit and citrus. Wine grapes were worth $149 million. Victoria is Australia’s second-largest wool-producing state, worth $574 million. Other commodities were valued at $1.8 billion, comprising of chicken meat ($563 million), pig meat ($185 million), and eggs for human consumption ($152 million). Agricultural productivity growth Gross value of food and fibre production In 2012-13 the gross value of total Victorian food and fibre production was $11.6 billion (25 per cent of Australia’s), an increase of 2.7 per cent from 2011-12. The gross value increased at an annual average growth rate of 2.7 per cent and 1.3 per cent over the past 5 and 10 years respectively. Beef and sheep were worth $1.3 billion and $923 million, respectively. Dairy was valued at $2.3 billion. Grains were worth $2.3 billion with cereals, oilseeds and pulses contributing 71%, 21% and 8% respectively. Wheat (63%) and barley (32%) contributed most to the cereal’s value. About 99% of the oilseed value was attributed to canola. The value of Victorian horticultural (including grapes) The long-term productivity growth (1977-78 to 2011-12) for the Victorian dairy and broadacre sectors has been 1.3 and 1.1 per cent per annum, respectively. Victoria’s productivity growth rates for the broadacre sector as a whole are slightly above the national growth rate. Growth in dairy productivity in Victoria is lagging behind the national growth rate. For specific broadacre sectors, the highest trend growth has been in the cropping specialists (1.7 per cent trend growth per annum) followed by mixed crop-livestock category (1.6). The lowest trend growth in the broadacre sector has been in the sheep specialist and beef specialist categories (0.1 per cent trend growth per annum). Victoria’s fisheries and forestry sectors Fisheries In 2012-13, Victoria’s total fisheries production was 6,549 tonnes comprising 4,236 tonnes from commercial fisheries and 2,313 tonnes from aquaculture. The gross value of Victoria’s fisheries production was $75 million, of which $55 million was derived from wild-catch production animals and $21 from aquaculture. The commercial fisheries production comprised 2,812 tonnes of fish, 1,034 tonnes of molluscs (e.g. abalone, squid, octopus), and crustaceans (e.g. rock lobster, prawns, and crabs). Aquaculture production was mainly salmonids (1,014 tonnes), blue mussel (771 tonnes) and abalone (365 tonnes). Among the commercial fisheries, abalone was the most valuable with fishery worth $27 million, followed by rock lobster valued at $17 million. Abalone was also the most valuable aquaculture fishery with a value of $11 million. In 2013-14, the seafood industry exported 4,000 tonnes worth $170 million, a 21 per cent increase in value from 2012-13. Vietnam was the highest value destination (55%) for seafood exports valued at $93 million, followed by Hong Kong at $33 million. Forestry In 2012-13, Victoria’s log volume production was 6.9 million m3 (1.3 million m3 from public native forests and 5.6 million m3 from plantations). The logs had a gross value of $463 million ($109 million from public native forests and $354 million from plantations). The plantation forest industry is privately owned. Varieties harvested include hardwood plantations (woodchips) and softwood (roundwood, sawnwood, woodchips, and panels). Total plantations covered 434,000 hectares. Hardwood plantations covered 207,000 hectares while softwood plantations occupied 226,000 hectares. The native forest industry is concentrated in eastern Victoria. VicForests (a State-owned business) is responsible for the sustainable harvest, regeneration and commercial sale of public native forests. Other statistics This factsheet provides high level key economic data. For detailed statistics, refer to the appendix for the following for each economic indicator: (1) detailed time series (10 years) statistics (2) compound annual growth rates (CAGR) (3) averages for the last 5 years (4) changes from previous year and previous 5-yr averages The appendix also provides the definition for food and fibre as per ANZSIC and a summary description of key indicators. This factsheet will be updated as new data become available. Please recommend statistics you would like to be included in future editions. Page | 2 THE CONTRIBUTION OF FOOD AND FIBRE TO THE VICTORIAN ECONOMY KEY ECONOMIC DATA - MARCH 2015 DETAILED STATISTICS Table 1: Food and fibre contribution to Victoria economy Financial year ending Real Gross State Product (GSP), $ billion Victoria Australia Victoria's share 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 270 1,178 22.9% 281 1,216 23.1% 287 1,252 22.9% 298 1,300 22.9% 307 1,348 22.8% 311 1,371 22.7% 317 1,398 22.6% 322 1,430 22.5% 331 1,484 22.3% 338 1,521 22.2% 344 1,560 22.0% 1.7% 2.5% 324 1441 6.1% 8.3% 1.7% 2.2% 2.0% 2.5% 9.01 2.9% 9.25 3.0% 9.20 2.9% 7.79 2.4% 7.90 2.4% 8.41 2.5% 8.41 2.4% 0.0% 8.51 -1.1% -1.8% -1.3% 4.85 1.32 0.92 0.97 8.05 2.6% 5.05 1.18 0.90 0.90 8.03 2.6% 5.30 1.24 0.97 0.95 8.46 2.7% 4.96 1.33 0.96 0.91 8.17 2.5% 4.87 1.32 0.85 0.84 7.87 2.4% 5.04 1.34 0.92 0.91 8.21 2.4% 3.5% 1.3% 8.9% 8.7% 4.3% 5.04 1.28 0.92 0.90 8.15 -0.1% 4.2% 0.2% 1.2% 0.8% 0.0% 2.5% 0.6% 0.3% 0.5% 1.7% -2.2% 0.2% -2.8% 0.2% Gross Value Added (GVA), $ billion Agriculture, forestry and fishing 9.84 9.62 10.10 8.81 GSP share 3.6% 3.4% 3.5% 3.0% Manufacturing Food product 4.27 4.17 4.35 4.20 Beverage and tobacco 1.67 2.19 2.24 1.67 Wood product 0.91 0.86 0.89 0.82 Paper product 1.21 1.55 1.21 0.95 Total 8.06 8.78 8.69 7.63 GSP share 3.0% 3.1% 3.0% 2.6% Source: ABS cat. no. 5220.0 Australian national Accounts: State Accounts and NIEIR Page | 3 Change Previous 5Change Compound annual from yr (2009 from growth rate (CAGR) previous to 2013) previous 52014 5 year 10 year year average yr average Table 2: Total goods, food and fibre exports, Victoria ($ billion) Financial year ending Change Previous 5Change Compound annual from yr (2009 from growth rate (CAGR) previous to 2013) previous 52014 5 year 10 year year average yr average 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Total goods exports Total food and fibre exports Share 18.01 7.13 39.6% 18.51 7.33 39.6% 18.93 7.36 38.9% 20.05 7.31 36.4% 20.54 7.07 34.4% 20.38 7.78 38.2% 18.43 7.39 40.1% 19.65 8.81 44.8% 21.60 9.90 45.8% 21.71 10.29 47.4% 23.96 11.39 47.5% 10.4% 10.7% 20.35 8.83 17.8% 28.9% 5.4% 9.0% 2.6% 4.5% Food exports Meat Dairy Grains Prepared foods Horticulture Wine Seafood Total Share of food and fibre exports 1.23 1.90 0.70 0.42 0.38 0.44 0.12 5.17 72.6% 1.35 2.06 0.68 0.42 0.42 0.53 0.14 5.60 74.8% 1.35 2.17 0.50 0.36 0.45 0.65 0.14 5.62 75.1% 1.46 2.04 0.39 0.37 0.43 0.60 0.13 5.42 72.5% 1.40 2.35 0.46 0.44 0.43 0.27 0.10 5.46 75.9% 1.43 2.31 0.61 0.60 0.59 0.25 0.10 5.89 77.6% 1.54 1.75 0.68 0.70 0.46 0.23 0.09 5.45 72.5% 1.52 1.94 1.12 0.80 0.40 0.23 0.15 6.16 70.5% 1.56 1.91 1.86 0.87 0.46 0.21 0.16 7.02 71.3% 1.72 1.87 2.17 0.89 0.61 0.20 0.14 7.58 74.6% 2.34 2.30 1.95 0.91 0.89 0.18 0.17 8.75 76.8% 36.4% 23.1% -9.8% 2.5% 47.6% -7.9% 20.3% 15.4% 1.55 1.95 1.29 0.77 0.50 0.22 0.13 6.42 50.7% 17.6% 51.8% 17.6% 77.9% -19.1% 32.5% 36.2% 8.7% 5.6% 23.6% 5.3% 14.2% -4.9% 13.5% 9.9% 5.7% 1.1% 11.1% 8.0% 7.8% -10.2% 2.2% 4.6% Fibre exports Forests products 0.57 0.56 0.59 0.67 0.71 0.69 0.67 0.76 Skins and hides 0.37 0.32 0.33 0.37 0.42 0.45 0.41 0.50 Animal fibre 1.02 0.96 0.92 0.96 0.58 0.59 0.92 1.31 Total 1.96 1.84 1.83 2.00 1.70 1.73 2.00 2.56 Share of food and fibre exports 27.4% 25.2% 24.9% 27.5% 24.1% 22.4% 27.5% 29.5% Source ABS cat. no. 5368.0 International Trade in Goods and Services, Australia and DEPI (2014) Food and Fibre Export report 0.82 0.48 1.50 2.80 28.7% 0.72 0.46 1.42 2.59 25.4% 0.68 0.53 1.43 2.64 23.2% -4.5% 15.9% 0.6% 1.9% 0.73 0.46 1.15 2.34 -6.3% 15.4% 24.4% 13.0% 0.4% 5.2% 9.2% 5.7% 2.0% 5.2% 4.1% 3.7% Page | 4 Table 3: Employment in food and fibre production and manufacturing, Victoria ('000) Financial year ending Agriculture, forestry and fishing (AFF) Agriculture Aquaculture Forestry and logging Fishing, hunting and trapping AFF support services Total 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 73.18 73.18 65.23 68.03 67.30 74.28 69.45 1.53 0.85 5.23 80.33 1.53 0.85 5.23 80.33 1.50 1 4.68 72.23 1.05 0.30 4.15 73.50 1.78 0.40 6.95 76.33 1.88 3.65 80.08 71.48 0.60 0.95 0.40 5.63 78.88 0.90 0.90 3.93 74.88 67.05 0.40 2.05 0.60 4.85 75.10 64.08 0.10 1.90 0.50 4.83 71.53 79.68 0.70 1.90 0.70 6.05 89.10 24.3% 600.0% 0.0% 40.0% 25.4% 24.6% 69.27 0.37 1.54 0.60 4.58 76.09 15.0% 90.9% 23.8% 16.7% 32.2% 17.1% 2.2% 3.1% 14.9% 11.8% 1.5% 2.5% 2.2% -1.9% 1.5% 1.0% 60.35 6.98 11.68 8.13 87.13 55.55 7.18 11.10 8.35 82.18 60.80 5.88 8.60 9.63 84.90 57.98 12.40 9.60 7.38 87.35 58.23 6.83 8.95 5.55 79.55 62.58 6.83 14.20 6.25 89.85 7.5% 0.0% 58.7% 12.6% 12.9% 58.58 7.85 9.99 7.81 84.22 6.8% -13.1% 42.2% -19.9% 6.7% 2.4% -1.0% 5.0% -5.6% 1.8% 2.6% 1.8% 1.2% -4.0% 1.7% Manufacturing Food product 48.30 48.30 53.30 59.58 59.35 Beverage and tobacco 5.73 5.73 7.43 8.20 6.35 Wood product 12.65 12.65 12.28 13.00 11.00 Paper product 9.43 9.43 11.85 10.68 7.13 Total 76.10 76.10 84.85 91.45 83.83 Source: ABS cat. no. 6291.0.55.003 - Labour Force, Detailed Quarterly by ANZSIC Division Page | 5 Change Previous 5Change Compound annual from yr (2009 from growth rate (CAGR) previous to 2013) previous 52014 5 year 10 year year average yr average 0.9% Table 4: Value of and number of businesses in agriculture and food and fibre manufacturing Financial year ending 2003 2004 2005 Change Previous 5Change Compound annual from yr (2009 from growth rate (CAGR) previous to 2013) previous 52013 5 year 10 year year average yr average 2006 2007 2008 2009 2010 2011 2012 7,461 8,712 8,433 9,227 13,413 13,619 13,920 12,314 33,212 32,463 32,357 37,112 8,727 13,250 37,410 11,658 12,536 34,177 10,201 12,091 32,973 10,347 12,852 32,741 11,618 12,626 32,407 11,324 12,698 32,529 11,631 12,146 30,921 2.7% -4.3% -4.9% 11,024 12,483 32,314 5.5% -2.7% -4.3% 2.7% 0.1% -1.3% 2.9% -1.1% -0.5% 1,548 384 1,995 303 4,230 2,759 576 1,654 321 5,310 2,906 576 1,647 309 5,438 2,886 603 1,696 304 5,489 3,004 648 1,690 306 5,648 3,012 667 1,657 301 5,637 2,933 657 1,560 287 5,437 -2.6% -1.5% -5.9% -4.7% -3.5% 2,948 630 1,650 301 5,530 -0.5% 4.3% -5.5% -4.8% -1.7% 0.2% 2.7% -1.1% -1.5% 0.0% 6.1% 5.9% -2.8% -0.8% 2.2% 26,219 4,242 3,354 4,434 38,249 24,026 4,076 2,780 3,752 34,634 24,958 3,962 2,603 3,979 35,502 3.9% -2.8% -6.4% 6.1% 2.5% 25,068 4,093 2,912 4,055 36,128 -0.4% -3.2% -10.6% -1.9% -1.7% Agriculture Gross value of production ($m)a Total area of land (ha) Number of businesses b Manufacturing Number of businesses c Food product Beverage and tobacco Wood product Paper product Total Sale and services income ($m)d Food product Beverage and tobacco Wood product Paper product Total 1,629 369 2,067 312 4,377 1,578 360 2,040 333 4,311 1,503 354 2,040 309 4,206 21,165 3,033 3,485 27,683 Source: a ABS cat. no. 7503, 1301; b ABS cat. no. 7121, 8165; cABS cat.no. 8165; d ABS cat.no. 8221,8155 Page | 6 Table 5: Livestock disposals and products Financial year ending Change Previous 5Change Compound annual from yr (2009 from growth rate (CAGR) previous to 2013) previous 52013 5 year 10 year year average yr average 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Beef Total production (kt) Gross value ($m) Total meat cattle (no. of millions) Number of businesses 386 1,032 2.49 13,943 376 1,159 2.39 12,973 375 1,293 2.54 13,348 341 1,268 2.65 14,122 382 1,253 2.58 14,657 384 1,232 2.25 12,881 400 1,308 2.23 16,838 363 1,276 2.08 15,107 353 1,370 2.37 16,020 338 1,323 2.36 15,339 369 1,303 2.43 15,252 9.2% -1.5% 2.8% -0.6% 365 1,316 2.29 15,711 1.1% -1.0% 5.8% -2.9% -1.6% -0.1% 1.7% -2.0% -0.2% 1.2% 0.2% 1.6% Sheep Total production sheepmeat (kt) Total production of wool (kt) Total sheep (million head) Gross value sheepmeat ($m) Gross value wool ($m) Number of businesses 198 128 20 611 674 11,836 191 120 20 697 491 11,329 204 120 21 675 473 11,737 224 119 18 761 427 12,049 260 121 17 818 498 12,075 260 106 17 869 492 11,777 240 91 15 938 384 11,364 228 90 14 1,046 435 11,184 205 104 15 1,092 683 11,344 219 97 16 1,135 671 11,106 262 95 16 923 574 10,716 19.6% -1.7% 0.9% -18.6% -14.4% -3.5% 231 95 15 1,027 549 11,143 13.7% -0.1% 4.8% -10.1% 4.5% -3.8% 1.8% 0.9% 1.3% -0.3% 8.4% -1.2% 3.2% -2.3% -2.2% 2.9% 1.6% -0.6% 204 363 120 164 205 374 125 217 220 395 122 173 215 362 126 248 236 384 124 222 231 452 128 230 242 551 122 250 232 487 130 212 245 519 134 224 242 534 133 224 243 563 137 151 0.7% 5.5% 3.2% -32.6% 241 531 131 212 1.1% 6.1% 4.7% -28.8% 0.1% 0.4% 2.5% -9.6% 1.7% 4.2% 1.0% -3.6% 555 554 70 153 547 451 63 150 524 465 57 128 668 459 58 142 463 335 51 116 394 360 54 154 414 268 57 167 510 586 69 175 505 450 70 181 518 432 71 185 530 312 1.1% 2.4% 2.3% -27.8% 64 172 495 410 10.2% 7.6% 6.9% -23.8% 5.6% 3.8% 5.1% 3.1% 0.1% 1.9% -0.3% -3.6% 50 124 48,780 89 49 165 56,768 92 57 156 71,273 107 71 162 73,462 144 73 162 67,801 117 68 150 75,462 95 75 137 79,283 144 79 132 74,614 146 75 136 78,261 152 78 125 4.9% 3.7% 4.9% -8.1% 75,084 131 75 136 4.2% 16.1% 4.2% -8.1% 2.9% 5.4% 2.9% -3.6% 4.8% 5.5% 4.8% -2.7% Chicken meat Total production (kt) Gross value ($m) Total no. of chickens (million head) Number of poultry meat businesses Pig meat Total production (kt) Gross value ($m) Total pigs ('000 head) Number of businesses Eggs production Eggs production ('000 dozens) Gross value ($m) Total production of eggs (million dozens) Number of poultry egg businesses Source: ABS cat. nos. 7503, 7121, 7113, 7215 Page | 7 80 150 Table 6: Dairy Financial year ending Total milk production (million litres) Total production of milk (kt) Total dairy cow herd size ('000 head) Gross value ($m) Number of businesses Number of employees on farms Source: ABS cat. nos. 7503,7113 Page | 8 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 6,584 6,799 1,303 1,631 5,993 10,325 6,434 6,644 1,297 1,719 5,901 10,900 6,613 6,828 1,379 2,080 5,892 11,375 6,651 6,867 1,217 2,187 5,346 9,475 6,297 6,502 1,150 2,016 5,422 15,000 6,102 6,300 1,055 3,052 5,462 15,950 6,135 6,334 1,061 2,396 5,159 14,175 5,790 5,978 1,014 1,962 4,588 15,275 5,912 6,104 1,010 2,483 4,556 16,725 6,213 6,416 1,115 2,522 4,284 13,675 Change Previous 5Change Compound annual from yr (2009 from growth rate (CAGR) previous to 2013) previous 52013 5 year 10 year year average yr average 6,039 6,235 1,096 2,283 4,268 15,500 -2.8% -2.8% -1.7% -9.5% -0.4% 13.3% 6,018 6,214 1,059 2,329 4,571 15,070 0.3% 0.3% 3.5% -2.0% -6.6% 2.9% -0.3% -0.3% 0.7% -1.0% -3.7% 1.8% -0.6% -0.6% -1.7% 2.9% -3.2% 3.6% Table 7: Grains Financial year ending Total production of grains (kt) Total gross value of production ($m) Number of businesses Grains components - production (kt) Wheat Coarse grains Barley Oats Triticale Maize Grain sorghum Total coarse grains Oilseeds Canola Other oilseeds Total oilseeds Total pulses Total grains 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 1,916 579 6,617 1,406 8,082 4,064 822 8,064 5,799 1,214 8,079 1,716 453 7,926 4,499 1,498 6,988 3,780 1,184 7,073 5,678 1,283 6,910 7,161 2,074 6,874 6,979 1,818 6,808 6,670 2,330 6,609 -4.4% 28.2% -2.9% 6,053 1,738 6,855 10.2% 34.1% -3.6% 12.0% 14.5% -1.3% 0.1% 5.2% -2.0% 890 3,146 1,927 2,909 879 1,995 1,756 2,995 4,412 3,943 3,422 -13.2% 3,306 3.5% 14.3% 0.8% 478 250 105 15 0 849 2,275 507 295 7 2 3,085 1,305 285 200 2 0 1,792 2,004 328 262 19 0.78 2,614 605 134 53 3 0.18 795 1,789 335 147 7 0.09 2,278 1,461 236 89 3 1.19 1,791 1,865 300 179 6 0 2,349 1,945 237 73 12 1.77 2,268 2,005 234 75 21 2.85 2,338 1,952 233 50 28 3.51 2,267 -2.6% -0.5% -33.4% 35.1% 23.1% -3.0% 1,846 248 93 14 1.86 2,202 5.8% -6.1% -46.4% 102.6% 88.4% 2.9% 6.0% -0.3% -10.9% 57.0% 24.2% 4.8% -1.5% -7.5% -16.3% 15.6% 5.8% -3.0% 177 0.19 177 32 1,948 384 2.13 386 75 6,692 342 2.31 345 70 4,134 273 3.43 276 202 6,001 42 0.01 42 19 1,735 220 4.35 225 31 4,529 233 0.08 233 229 4,009 331 2.59 334 237 5,915 476 3.87 480 482 7,642 689 9.59 698 434 7,413 866 13 879 384 6,952 25.8% 35.6% 25.9% -11.4% -6.2% 519 5.82 525 353 6,386 66.9% 123.2% 67.5% 8.8% 8.9% 30.0% 179.7% 30.4% 8.5% 19.8% 8.6% 11.6% 0.4% 370 598 209 688 502 648 1,075 867 1,039 19.8% 826 25.7% 15.7% 4.6% 207 44 32 0.70 154 39 13 0.70 0.10 207 564 107 0.03 671 408 54 27 1.10 0.41 490 333 57 283 275 38 40 3.60 0.10 357 390 416 48 15 3.30 0.30 482 367 51 12 5.30 0.60 436 533 56 12 6.80 0.94 609 45.2% 8.9% 3.2% 28.3% 56.7% 39.6% 411 53 16 4.12 0.56 481 29.6% 5.2% -26.5% 64.9% 67.1% 26.5% 5.5% 0.8% -15.0% 44.0% 18.1% 4.4% 3.4% -0.6% -12.4% 14.2% 12.1% 2.2% 105 0.80 105 64 822 85 1.40 86 174 1,214 20 126 20 17 453 126 14 1,498 126 0.10 126 66 1,184 148 2.00 150 95 1,283 293 2.80 296 221 2,074 336 7.10 344 171 1,818 487 7.10 494 189 2,330 44.7% 0.0% 43.8% 10.5% 28.2% 278 3.82 282 149 1,738 75.2% 85.9% 75.4% 27.2% 34.1% 31.1% 134.6% 31.5% 23.3% 14.5% 12.6% 19.5% 12.6% 6.5% 7.0% Grains components - gross value of production ($ million) Wheat 247 665 Coarse grains Barley 134 383 Oats 63 60 Triticale 30 45 Maize 2.80 1.80 Grain sorghum 0.30 Total coarse grains 230 490 Oilseeds Canola 80 149 Other oilseeds 0.10 1.19 Total oilseeds 80 150 Total pulses 23 101 Total grains 579 1,406 Source: ABS cat. nos. 7501, 7503, 7121, 7124 Page | 9 Change Previous 5Change Compound annual from yr (2009 from growth rate (CAGR) previous to 2013) previous 52013 5 year 10 year year average yr average Table 8: Horticulture - Fruit and nuts, and vegetables Financial year ending 2003 Production (kt) Fruit and nuts Citrus Stonefruit Pome Fruit Nuts Other orchard fruit Berry fruit Grapevine (excludes wine grapes) Wine grapes Sub-total Vegetables Total horticulture Gross value of production ($ million) Fruit and nuts Citrus Stonefruit Pome Fruit Nuts Other orchard fruit Berry fruit Grapevine (excludes wine grapes) Wine grapes Sub-total Vegetables Total horticulture Source: ABS cat. nos. 7503, 7113, 7121, 1329 Page | 10 2004 2005 2006 2007 2008 2009 2010 2011 2012 79 82 205 4 117 115 253 5 8 147 385 911 133 1,316 8 158 397 1053 419 1,380 99 155 227 5 1.88 7 142 355 991 538 1,445 75 160 235 10 1.83 6 111 309 907 593 1,278 81 55 220 0 0.00 7 82 395 840 662 1,020 88 157 239 7 1.54 9 85 329 916 580 1,204 66 70 195 0 0.00 11 0 284 626 234 986 60 163 238 23 1.13 13 82 296 876 598 1,533 60 84 232 20 1.61 12 166 278 853 116 1,362 71 120 243 24 104 146 322 30 73 189 237 36 63 208 323 73 52 67 300 Change Previous 5Change Compound annual from yr (2009 from growth rate (CAGR) previous to 2013) previous 52013 5 year 10 year year average yr average 56 157 222 44 0.61 11 77 359 927 315 1,509 -7.0% 87.6% -4.3% 118.7% -61.9% -7.5% -53.6% 29.2% 8.6% 170.7% 10.9% 66 126 225 19 0.98 11 82 309 839 369 1,319 -15.3% 24.6% -1.3% 134.0% -37.4% -4.2% -6.0% 16.0% 10.4% -14.6% 14.5% -8.6% 0.0% -1.4% 44.3% -16.8% 2.5% -1.9% 1.7% 0.2% -11.5% 4.6% -3.4% 6.8% 0.8% 27.2% 71 60 54 44 44 0.2% 55 230 73 305 154 327 111.7% 218 372 259 505 342 292 -14.4% 354 34 114 82 249 202.0% 120 4 4 49 72 72 127 94 88 -6.1% 91 82 170 379 209 343 174 -49.2% 255 283 140 100 149 130 458 602 583 667 784 1094 843 1418 1059 1,324 25.0% 1,148 552 520 636 704 763 652 727 726 840 985 17.2% 786 591 1,020 1,121 1,260 1,163 1,534 1,213 1,916 2,166 2,309 6.6% 1,827 Note: Underlined figures for grapevine include wine grapes as values only exist for value of total grape production in this year -18.7% 49.9% -17.4% 107.3% -9.0% 7.3% -4.7% 48.6% -4.6% 10.5% 1.9% 26.4% -3.0% -31.6% 15.1% 15.4% 25.3% 26.3% 3.9% 0.5% 1.4% 3.9% 8.6% 8.5% 11.2% 6.0% 4.2% 2.7% -6.3% -0.7% 0.2% 9.0% 1.4% Table 9: Lifestyle horticulture production Financial year ending 2003 2004 2005 2006 2007 2008 Area (ha) Nurseries Cut flowers Turf Total area Gross value of production ($m) Nurseries Cut flowers Turf Total Number of businesses Nurseries Cut flowers Turf Total Source: ABS cats no. 7121, 7503 Page | 11 Change Previous 5Change Compound annual from yr (2009 from growth rate (CAGR) previous to 2013) previous 52013 5 year 10 year year average yr average 2009 2010 2011 2012 1,644 2,402 676 4,722 1,723 2,079 997 4,799 1,768 2,490 914 5,172 1,728 2,506 931 5,165 1,814 2,332 884 5,030 5.0% -6.9% -5.0% -2.6% 1,735 2,362 880 4,978 4.5% -1.3% 0.4% 1.1% 2.0% -0.6% 5.5% 1.3% 451 242 144 33 419 259 187 34 479 259 154 33 446 0.0% -17.5% -2.8% -7.0% 246 158 30 437 5.4% -2.8% 9.9% 1.9% 3.0% 0.7% 10.0% 2.6% 401 267 14 682 455 273 23 751 426 287 21 734 375 243 18 636 -12.0% -15.3% -14.3% -13.4% 407 272 21 700 -8.0% -10.7% -13.5% -9.2% -0.3% -3.5% -8.5% -1.8% 267 270 259 437 501 528 223 149 20 392 309 190 287 169 337 184 499 456 521 297 221 20 538 322 203 15 540 216 249 37 502 380 290 28 698 2.7% 3.7% 3.4% Table 10: Hay and silage Financial year ending 2003 2004 2005 2006 2007 2008 Change Previous 5Change Compound annual from yr (2009 from growth rate (CAGR) previous to 2013) previous 52013 5 year 10 year year average yr average 2009 2010 2011 2012 Area ('000 ha) Lucerne cut for hay Pasture cut for hay Cereal cut for hay Other crops cut for hay Total crops cut for hay Pasture, cereal and other crops cut for silage 304 285 80 669 214 369 221 56 647 177 388 128 80 597 50 246 110 40 447 169 51 328 149 56 585 179 2.4% 33.1% 35.6% 40.1% 30.9% 6.0% 51 327 179 63 589 185 1.2% 0.2% -16.5% -10.0% -0.7% -3.0% 1.5% -12.1% -6.8% -2.7% -3.5% Production (kt) Lucerne cut for hay Pasture cut for hay Cereal cut for hay Other crops cut for hay Total crops cut for hay Pasture, cereal and other crops cut for silage 1,007 848 167 2,021 1,260 1,411 989 181 2,581 1,104 1,555 634 80 2,269 1,537 239 973 460 140 1,812 960 251 1,238 611 141 2,241 1,061 5.0% 27.2% 32.8% 1.1% 23.7% 10.5% 245 1,237 708 142 2,185 1,184 2.5% 0.1% -13.8% -0.2% 2.6% -10.4% 4.2% -6.4% -3.2% 2.1% -3.4% 433 317 43 793 512 252 42 807 222 93 42 357 73 136 64 20 294 67 194 161 37 459 -9.0% 42.4% 150.2% 90.3% 56.4% 70 299 178 37 542 -4.7% -35.2% -9.3% 1.5% -15.3% -14.8% -12.7% -2.7% -10.4% Gross value of production ($m) Lucerne cut for hay Pasture cut for hay Cereal cut for hay Other crops cut for hay Total crops cut for hay Source: ABS cats no. 7121, 7503 Page | 12 2,904 433 694 426 577 656 1327 -4.0% Table 11: Production of fisheries, Victoria Financial year ending Production (t) Crustaceans Rock lobster Prawns Crab Other Total Molluscs Abalone Scallop Squid Octopus Other Total Fish Australian sardine Black bream Southern garfish Shark Snapper Eels Australian salmon King George whiting Other Total Total wild caught 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 488 91 8 43 630 499 60 40 17 616 472 23 36 16 547 411 25 22 20 478 395 55 23 11 484 357 34 26 20 437 276 31 26 27 360 274 107 18 76 475 300 92 12 43 447 300 92 12 43 447 307 46 10 27 390 2.3% -50.0% -16.7% -37.2% -12.8% 291 74 16 43 424 5.4% -37.5% -35.9% -37.5% -8.0% 2.2% 8.2% -17.4% 0.0% 1.6% -4.7% -2.6% -12.9% 4.7% -4.5% 1,275 622 74 29 82 2,082 1,463 261 84 41 67 1,916 1,491 207 100 19 62 1,879 1,246 747 75 17 42 2,127 1,221 603 63 21 47 1,955 1,219 907 67 24 29 2,246 913 403 56 25 33 1,430 883 827 856 -2.9% -1.9% -5.5% 75 28 38 968 831 0 37 24 142 1034 0.5% 67 21 30 1 001 827 0 75 28 38 968 -50.7% -14.3% 273.7% 6.8% 62 25 56 1,100 -40.3% -4.8% 152.7% -6.0% -8.0% -0.8% 33.9% -6.3% -7.9% -5.2% 7.8% -6.0% 1,196 58 88 65 76 107 327 148 842 2,907 5,619 1,013 42 84 37 96 105 385 140 1,240 3,142 5,674 644 42 103 55 115 87 531 141 1,150 2,868 5,294 742 43 72 61 92 80 643 133 1,004 2,870 5,475 724 58 81 63 108 70 907 166 1,080 3,257 5,696 1,594 154 72 58 113 84 436 215 995 3,721 6 404 1,552 46 64 44 101 57 404 141 692 3,101 4,891 1,512 43 60 39 90 44 641 131 576 3,136 4,612 2,628 75 70 49 120 42 415 173 562 4,134 5,549 1,923 111 63 49 202 113 773 187 565 3,986 5,401 1,134 90 49 44 152 86 364 104 789 2,812 4,236 -41.0% -18.9% -22.2% -10.2% -24.8% -23.9% -52.9% -44.4% 39.6% -29.5% -21.6% 1,750 73 61 45 133 68 519 147 637 3,434 4,938 -35.2% 23.3% -19.9% -2.2% 14.3% 25.7% -29.9% -29.3% 23.9% -18.1% -14.2% -6.1% 14.4% -5.2% 0.0% 8.5% 8.6% -2.1% -5.9% 2.7% -1.9% -2.8% 1.1% 7.9% -5.2% 1.7% 4.7% -2.0% -0.6% -2.9% -4.4% -1.1% -2.9% 124 1,260 4 161 933 5 1,491 121 824 2 1,361 166 642 1 1 309 179 446 2 877 567 2 857 982 3 977 330 811 5 733 365 771 3 1,014 10.8% -4.9% -35.3% 38.3% 291 715 3 892 25.4% 7.8% 2.5% 13.7% 15.3% 11.6% 8.4% 2.9% 13.6% -3.2% -5.0% 1,631 116 110 83 159 141 112 105 144 227 196 126 160 27.0% 171 -6.2% 2.1% 4.3% 3,246 8,540 2,831 8,307 2,561 8,257 2,223 8,627 1,648 6,539 316 1,969 6,581 387 2,545 8,094 2,004 7,405 2,313 6,549 15.4% -11.6% 2,096 7,034 10.4% -6.9% 7.0% 0.0% -2.5% -2.7% Aquaculture Abalone 24 102 Blue mussel 1,294 1,064 Yabby 7 5 Salmonids Trout 1,593 1,648 Eels 18 43 Warmwater finfish 108 105 Ornamental fish Other Total 3,044 2,966 Total production 8,663 8,640 Source: ABARES - Australian fisheries and aquaculture statistics Page | 13 Change Previous 5Change Compound annual from yr (2009 from growth rate (CAGR) previous to 2013) previous 52013 5 year 10 year year average yr average Table 12: Value of fisheries, Victoria Financial year ending Value ($'000) Crustaceans Rock lobster Prawns Crab Other Total Molluscs Abalone Scallop Squid Octopus Other Total Fish Australian sardine Black bream Southern garfish Shark Snapper Eels Australian salmon King George whiting Other Total Total wild caught Aquaculture Abalone Blue mussel Yabby Salmonids Trout 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 17,658 1,159 253 306 19,376 13,830 765 368 163 15,126 14,183 306 753 150 15,392 14,580 330 724 206 15,840 15,613 675 748 109 17,145 13,905 239 725 120 14,989 14,405 220 859 264 15,748 14,422 904 721 314 16,361 15,393 911 604 310 17,218 17,875 911 604 310 19,700 16,997 454 120 304 17,875 -4.9% -50.2% -80.2% -1.8% -9.3% 15,818 680 582 300 17,381 7.5% -33.3% -79.4% 1.3% 2.8% 3.4% 15.6% -32.6% 2.9% 2.6% 2.1% -5.1% -10.6% 6.4% 1.7% 53,474 1,338 776 122 384 56,094 46,549 395 781 117 212 48,054 60,181 424 735 78 229 61,647 50,925 1,062 669 86 64 52,806 45,932 908 791 128 73 47,832 37,983 1,882 679 145 86 40,775 26,556 1,026 716 165 97 28,560 21,919 23,887 24,463 7.7% -0.2% -5.5% 807 176 113 24,983 26,345 0 457 215 425 27,442 11.6% 846 138 104 23,007 23,606 0 807 176 113 24,702 -43.4% 22.2% 275.5% 11.1% 726 174 171 25,739 -37.1% 23.5% 149.4% 6.6% -8.6% 5.4% 34.4% -0.8% -5.2% 6.3% 7.2% -5.4% 4,865 502 613 237 571 1,175 468 1,416 2,705 12,552 88,022 1,175 438 615 233 707 1,115 280 1,611 2,860 9,034 72,214 708 390 629 367 784 929 553 1,788 2,712 8,860 85,899 653 435 426 383 651 877 937 1,689 2,805 8,856 77,502 616 628 599 389 810 667 1,400 1,420 3,125 9,654 74,631 1,419 1,330 510 379 806 956 607 3,028 3,031 12,066 67,830 1,288 510 465 286 816 774 517 2,579 2,933 10,168 54,476 847 484 445 242 695 471 436 2,135 2,679 8,434 47,802 1,550 456 321 196 758 521 220 2,701 2,335 9,057 51,258 1,096 1,057 353 38 1,364 1,391 448 2,878 2,447 11,072 55,474 669 754 314 111 1,081 1,146 200 1,593 3,342 9,210 54,527 -39.0% -28.6% -11.3% 191.4% -20.7% -17.6% -55.4% -44.6% 36.6% -16.8% -1.7% 1,090 652 380 175 943 861 364 2,377 2,747 9,588 52,708 -38.6% 15.7% -17.4% -36.4% 14.6% 33.2% -45.1% -33.0% 21.6% -3.9% 3.5% -12.3% 8.1% -7.6% -17.2% 5.8% 8.2% -17.3% -9.2% 2.6% -2.0% 0.0% -5.5% 5.6% -6.5% -7.1% 4.3% 0.3% -3.3% -0.1% 1.6% 0.2% -2.8% 1,097 3,624 133 3,561 2,837 65 4,454 2,816 78 5,633 1,865 80 8,163 4,344 2,255 26 6,955 5,964 1,791 10 7,775 6,623 1,347 32 5,367 1,981 9,681 1,987 40 5,292 11,151 2,005 30 5,577 15.2% 0.9% -25.3% 5.4% 9,151 2,138 33 5,761 21.8% -6.2% -9.1% -3.2% 11.0% 8.3% -1.4% 0.8% 12.1% -3.4% -7.5% 5,102 3,368 30 7,464 11,032 12,316 10,533 1,155 1,629 2,478 2,138 1,873 2,530 1,559 2,094 3,225 1,372 882 1,920 117.7% 1,899 1.1% -1.7% 0.8% 21,004 98,505 20,121 94,752 17,100 84,930 15,463 69,939 10,308 58,110 6,605 18,839 70,097 17,882 73,356 20,682 75,209 15.7% 2.5% 16,635 69,342 24.3% 8.5% 6.0% 1.5% -1.3% -2.4% Eels 157 450 1,462 Warmwater finfish 1,702 1,766 1,863 Ornamental fish 3,003 2,566 2,741 Other Total 20,748 23,561 23,946 Total production 108,770 95,775 109,845 Source: ABARES - Australian fisheries and aquaculture statistics Page | 14 Change Previous 5Change Compound annual from yr (2009 from growth rate (CAGR) previous to 2013) previous 52013 5 year 10 year year average yr average Table 13: Plantation area, production and volume, Victoria Financial year ending Area ('000 ha) Hardwood Softwood Total (incl. unallocated) Log production ('000 m3 ) Hardwood native Sawlog Pulplog Total Hardwood plantation Sawlog Pulplog Total Softwood Sawlog Pulplog Total Total Sawlog Pulplog Total 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 155 212 367 168 215 383 165 218 385 175 219 396 191 219 412 201 220 422 203 220 424 203 226 431 206 226 433 207 226 434 207 226 434 0.0% 0.0% 0.0% 205 225 431 0.8% 0.5% 0.6% 0.4% 0.5% 0.4% 2.1% 0.5% 1.2% 868 1,214 2,082 726 1,301 2,027 738 1,343 2,081 644 1,366 2,010 549 1,262 1,811 589 1,407 1,996 566 1,213 1,779 599 1,261 1,860 566 1,277 1,844 500 1,049 1,549 527 802 1,329 5.4% -23.6% -14.2% 552 1,120 1,672 -4.4% -28.4% -20.5% -1.4% -7.9% -5.7% -3.2% -4.7% -4.1% 63 206 269 75 175 250 131 191 323 120 226 346 62 281 343 43 414 457 28 573 601 15 626 641 8 760 768 2 1,687 1,689 37 1,988 2,025 1571% 17.8% 19.9% 18 1,127 1,145 103.9% 76.5% 76.9% 5.6% 28.3% 27.5% -6.9% 27.5% 23.3% 2,211 1,257 3,468 2,408 1,361 3,769 2,655 1,459 4,114 2,626 1,503 4,129 2,628 1,451 4,079 2,376 1,536 3,911 2,578 1,313 3,890 2,397 1,172 3,570 2,319 1,433 3,752 2,021 1,361 3,381 2,315 1,230 3,545 14.6% -9.6% 4.8% 2,326 1,302 3,628 -0.5% -5.5% -2.3% -2.1% -1.3% -1.8% -0.4% -1.0% -0.6% 3,143 2,676 5,819 3,209 2,837 6,046 3,524 2,993 6,518 3,390 3,095 6,484 3,239 2,994 6,233 3,007 3,357 6,364 3,172 3,098 6,270 3,011 3,059 6,070 2,893 3,470 6,363 2,523 4,097 6,620 2,879 4,020 6,899 14.1% -1.9% 4.2% 2,896 3,549 6,445 -0.6% 13.3% 7.1% -1.9% 5.3% 1.9% -1.1% 3.5% 1.3% 132 29 221 382 130 43 239 413 135 47 233 415 138 57 254 449 123 107 227 457 109 115 239 463 -11.2% 7.6% 4.9% 1.2% 127 74 238 439 -14.1% 56.1% 0.0% 5.4% -3.5% 21.8% -0.1% 2.3% -2.6% 23.0% 0.9% 2.1% Gross value of log production ($m) Hardwood native 138 142 154 148 112 Hardwood plantation 14 15 19 20 22 Softwood 188 218 241 247 243 Total 341 375 414 416 376 Source: ABARES - Australian forest and wood products statistics: March and June quarters 2014 Page | 15 Change Previous 5Change Compound annual from yr (2009 from growth rate (CAGR) previous to 2013) previous 52013 5 year 10 year year average yr average Table 14: Average annual productivity, output and input growth, by industry, 1977–78 to 2011–12 Australia % New South Wales % Queensland % South Australia % Victoria % Western Australia % All broadacre Beef Specialist Cropping Specialists Mixed crop–livestock Sheep Specialists Dairya 1.0 0.8 1.6 0.9 0.1 1.6 0.8 0.5 1.5 0.4 -1.2 1.7 0.5 0.5 1.3 0.5 na 1.8 1.6 na 2.2 1.0 na 1.6 1.1 0.6 1.7 1.6 0.1 1.3 1.6 na 1.6 na na 1.9 Outputs % % % % % % 0.0 0.5 2.6 -0.8 -2.6 1.3 -0.4 0.5 2.9 -1.0 -3.6 0.2 -0.2 0.5 -0.2 -0.8 na -0.8 0.7 na 3.9 -1.8 na 1.2 -0.2 -0.2 1.6 0.9 -1.8 1.8 0.8 na 3.8 na na 1.0 Total Factor Productivity All broadacre Beef Specialist Cropping Specialists Mixed crop–livestock Sheep Specialists a Dairy Inputs All broadacre Beef Specialist Cropping Specialists Mixed crop–livestock Sheep Specialists Dairya % % % % % % -1.0 -0.3 1.0 -1.7 -2.6 -0.3 -1.2 0.0 1.4 -1.4 -2.4 -1.5 -0.8 0.0 -1.5 -1.3 na -2.6 -0.9 na 1.6 -2.8 na -0.4 -1.2 -0.8 -0.1 -0.7 -1.9 0.5 -0.8 na 2.2 na na -0.9 Note: a Covers the period 1978–79 to 2011–12. na Not applicable. Source: ABARES Page | 16 Table 15: Food and fibre sector definition The definition (Table B1) and data presented in this factsheet is based on Australian and New Zealand Standard Industrial Classification (ANZSIC). ANZSIC is the industry classification system used by the Australian Bureau of Statistics (ABS). Table B1: Industry subdivisions in food and fibre Industry Agriculture, forestry and fishing (A) Manufacturing (C) Industry subdivisions (ANZSIC code) Agriculture (A01) Aquaculture (A02) Forestry and logging (A031) Fishing, hunting and trapping (A04) Agriculture, forestry and fishing support services (A05) Food product manufacturing (C11) Beverage and tobacco product manufacturing (C12) Wood product manufacturing (C14) Pulp, paper and converted paper product manufacturing (C15) Source: Australian Bureau of Statistics (ABS), Australian and New Zealand Standard Industrial Classification (ANZSIC), 2006 - Codes and Titles, cat.no.1292.0.55.002 Page | 17 Table 16: Summary description of key indicators in this factsheet Indicator What is measured Gross State Product (GSP) The total market value of goods and services produced in a state economy within a given period less the cost of goods and services used in the production process, but before deducting allowances for the consumption of fixed capital. GSP is the sum of total industry GVA (see Gross Value Added). The primary indicator used for tracking economic performance over time is real (chain volume) GSP. Real GSP is gross state product adjusted for changes in prices. Latest release Next release ABS Catalogue 5220.0 2/12/2014 November 2015 The total value of goods and services produced by an industry, sector or area less the cost of the goods and services used in the production process. GVA avoids double counting, as intermediate products are excluded. The aggregate of GVA across all sectors sums to the total GSP. ABS Catalogue 5220.0 2/12/2014 November 2015 Total goods exports The total value of demanded physical goods exported outside of Victoria by an industry, sector or area. This does include any services or re-exports, which are originally imported before being exported again with minor or no changes. ABS Catalogue 5368.0 3/2/2015 5/3/2015 Total food and fibre exports The total value of physical goods exported by Victorian food and fibre sectors as identified in the Victorian Government’s Food and Fibre Export Performance Report. This includes meat, dairy, grains, prepared foods, horticulture, wine, seafood, forest products, animal fibres and skins and hides. Victorian Food and Fibre Export Performance Report 2013-14 2015 The total number of people aged 15 years and over whom, during the reference week of the ABS Labour Survey, worked (or would normally work) for one more or hours in a job or business in a non-voluntary capacity or were employers of such a business. ABS Catalogue 6291.0.55.003 18/12/2014 19/3/2015 The total estimates of annual production volume for commodities produced by an industry or sector, as estimated by the results of the ABS Rural Environment and Agricultural Commodities Survey. ABS Catalogue 7121.0 25/9/2014 2015 The total value of the annual production of agricultural commodities produced by an industry or sector. This includes the value of crop production, livestock disposals (domestic slaughtering and live exports) and livestock products (eggs, wool, and whole milk). The price data used to derive GVP is taken as the average of a given commodity realised in the market place. The values in this production are gross value of production. ABS Catalogue 7503.0 21/1/2015 2016 ABARES Forest and Wood Products Statistics March and June Quarter 2014 (Released 11/11/2014) 2015 ABARES Forest and Wood Products Statistics March and June Quarter 2014 (Released 11/11/2014) 2015 Gross Value Added (GVA) Employment Production Gross Value of Production (GVP) Area Log production Total Factor Productivity (TFP) Growth The total land area (in hectares) which is designated for the purposes of growing and producing agricultural and forestry produce for industrial purposes. The total volume of logs harvested as recorded by growers, excluding logs collected for firewood. Source TFP growth is defined as an increase in output beyond any associated increase in input use. It reflects improvements in the efficiency with ABARES March 2014 March 2015 which farmers use inputs such as land, labour and capital to produce outputs such as crops, meat, wool, and milk. ABS publications are released at 11.30 am (Canberra time). Copies of all ABS publications are available from the ABS website at www.abs.gov.au Page | 18