RURAL & AGRIBUSINESS
SOUTH Australia’s primary industries and agribusinesses have weathered ongoing domestic and international pressures, delivering solid growth in the 2023 financial year...
The latest Primary Industries Scorecard 2022-23 shows year-on-year revenue growth of 7% to $18.5 billion, and accounting for 51% of the state’s merchandise exports...
A record grain harvest, coupled with strong global commodity prices for grain, was the main driver of the increase, with field crop revenue up 39% to $7.76 billion...
Other sectors to experience growth included forestry, up 5% to $1.46 billion, primarily attributed to the rise in the sale of wood products, while the dairy industry enjoyed a...
The seafood sector posted a 5% increase in value to $508 million, driven by price increases for southern rock lobsters (up by 8% to $53 per kg) and southern bluefin tuna...
Wool also recorded an upswing of $549 million in revenue, attributable to increases in export quantities and prices...
“Primary industries and agribusinesses are vital to South Australia and a significant contributor to the state’s economy. Despite some ongoing challenges, these results...
Professor Simon Maddocks, chair Primary Producers SA, said the Primary Industries Scorecard for 2022-23 “speaks to the seasonal and market variability that...
The contribution of primary production activity – agriculture, forestry, and fishing – to the state’s gross state product lifted 7%, to $7.78 billion. There was also a rise in the...
“With strong demand for additional workers continuing across many agricultural and processing sectors, attracting and training the workforce required for the...
For the first time, Indonesia surpassed China to become the largest export market for South Australia’s agriculture and food exports. Other markets to significantly...
Overall overseas exports of agriculture, food, wine, and forestry products increased by 18%, totalling $8.8 billion, a major contributor being grain exports which increased by...