Primary Industries sector hits new highs
The primary industries sector in NSW has reached a new record value of $13.9 billion.
Minister for Primary Industries, Lands and Water, Niall Blair, today released the NSW Department of Primary Industries 2016 Performance, Data and Insights Report, which revealed the record value.
Mr Blair said the Gross Value of Production (GVP) in the sector has increased by a huge $2.1 billion, or 17 per cent, over the last two years.
“Improved seasonal conditions, record high beef prices, and robust returns for the major commodities have cemented our primary industries sector as a resilient, diverse and innovative pillar of the NSW economy,” Mr Blair said.
“Prior to the March 2015 election the NSW Liberals & Nationals Government committed to growing our primary industries sector by 30 per cent by 2020 – today’s report shows we are well on the way to delivering upon that commitment.
“The NSW Government will continue to maintain our world-class biosecurity and food safety systems, which are our primary industries sector’s competitive advantage, as well as driving productivity gains through innovation, research and development, and improved resilience.”
Key findings of the 2016 Performance, Data and Insights Report:
- Beef and wheat provided the highest GVP for 2015-16, while beef, cotton and wool were the highest-value export products
- One of the largest growth commodities was the NSW pulse industry, which has surged a massive 91 per cent to $348 million, due in large part to chickpeas
- China remains the State’s largest export market, with exports exceeding $1.4 billion
- The estimated combined GVP of NSW cropping was almost $5.2 billion in 2015-16, up seven per cent on the previous year
- The estimated combined GVP of livestock and livestock products was more than $6.5 billion in 2015-16, up 11 per cent on the previous year
- The estimated combined GVP of NSW fisheries was more than $148 million in 2014-15, up one per cent on the previous year
- There were 87,325 directly employed jobs in the NSW primary industries sector in 2015-16.
For a copy of the 2016 Performance, Data and Insights Report go to http://www.dpi.nsw.gov.au/about-us/publications/publications/pdi-2016