Friday, June 21, 2024

Aussie horticulture sector on a ‘significant growth trajectory’

The Australian fruit, vegetable, nut, turf and nursery industries are projected to surge by up to 22.5% in combined value by 2030, increasing $4 billion to reach $21.8 billion, according to new data.

Commissioned by Hort Innovation, the ‘Contribution of Australian horticulture industry report’ recognises 25 horticultural growing regions nationally, revealing the current and projected economic contributions of the horticulture sector (including production and processing) state and national level.

Hort Innovation CEO Brett Fifield says the horticulture sector’s strong outlook is spurred by a number of key drivers.

“The data shows the Aussie horticulture sector is on a significant growth trajectory, driven largely by strong export growth from trade-focused commodities, as well as productivity increases and population growth,” he says.

“There’s no denying all aspects of the horticulture industry including fruit, vegetables, nuts, turf and nursery are making a major contribution to the Aussie economy. In fact, for every 100 jobs that exist in horticulture, an additional 21.3 jobs are created in sectors such as wholesale trade, retail, transport and construction.

“This contribution is underpinned by up to $130 million per year in investments through Hort Innovation into export, sustainability, production and biosecurity research and development initiatives, plus levy-funded marketing efforts.”

Australian Fresh Produce Alliance CEO Claire McClelland says the data in the new report provides vital insights into the value the Australian horticulture brings.

“This data, and the insight it brings, is a powerful tool for the horticulture sector in telling our story and showing the broad positive impact that we will continue to have going forward,” she says.

Highlights

Other findings from the report include:

  • Mildura in Victoria is Australia’s largest horticultural region. It’s projected to grow 32% from $1.7 billion in 2020-21 to $2.2 billion in 2029-30.
  • In the Adelaide Plains, the horticulture sector is projected to grow 29% to $1.2 billion by 2029-2030.
  • Coffs Harbour, NSW, produces more than half of the nation’s berries.
  • In Cairns, Queensland, the horticulture industry is projected to grow 26% to $1 billion by 2030 under the central scenario.
  • Oranges are projected to grow by 43.6% in value during the period 2020-21 to 2029-30.
  • Bananas, which are almost exclusively consumed domestically, are projected to grow 14% in value during the period 2020-21 to 2029-30.
  • Almonds, which have a strong export market focus, are projected to grow 42.4% in value during the period 2020-21 to 2029-30.
  • For every dollar of the value the horticulture sector generates, an additional 27.6¢ is created in the rest of the economy, amounting to $12.96 billion.

Read the full report here.

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