Economic analysis of the almond industry (AL19004)
What was it all about?
This short investment estimated the economic contribution of the almond industry to rural communities and Australia as a whole. Some key figures from the report are shown below:
- In 2019/20, the almond industry contributed $1.6B to Australian Gross Domestic Product (GDP) equating to approximately 0.1 per cent of Australia’s GDP
- Of the $1.6B, $534.6M was in growing and processing activities, $44.0M in industry investment, and $1.1B as a result of flow-on economic activity
- As a whole, the almond industry employed 9,560 people
- Almonds are produced in NSW, Victoria, South Australia and Western Australia. The highest contributions come from the Sunraysia and Riverland regions
- In these regions, the almond industry is a significant driver of the economy, directly and indirectly employing 2,206 people (Sunraysia region), and 946 (Riverland)
- The total area planted has increased from 3,500 hectares in the year 2000 to 53,014 hectares in 2019.
Access the final report for more details.
This project was funded through the Hort Innovation Almond Fund using the almond R&D levy and contributions from the Australian Government
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