Economic analysis of the almond industry (AL19004)
What’s it all about?
This short investment will demonstrate the economic contribution of the almond industry to rural communities and Australia as a whole. This will provide almond growers and other supply chain stakeholders with up-to-date knowledge of how the industry supports regional economic activity and employment, as well as its impact on the environment. This knowledge will allow the almond industry to make better business decisions as a result of clearer understanding of how it uses resources and what economic benefits it provides.
The project team are collecting data across the almond supply chain to form a picture of expenditure and production patterns, and this will be used to model the industry’s economic contribution. The industry’s performance against environmental indicators such as energy usage, greenhouse gas emissions and water use are also being measured. Once the analysis is completed, the economic contribution will be estimated at a regional and national level, as well as being broken down into supply chain functions.
This project is a strategic levy investment in the Hort Innovation Almond Fund