Completed project
Economic analysis of the almond industry (AL19004)
Key research provider: RMCG
Publication date: Tuesday, July 20, 2021
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.
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Access the final report for more details.
Related levy funds
Details
Funding statement:
This project was funded through the Hort Innovation Almond Fund using the almond R&D levy and contributions from the Australian Government
Copyright:
Copyright © Horticulture Innovation Australia Limited 2021. The Final Research Report (in part or as a whole) cannot be reproduced, published, communicated or adapted without the prior written consent of Hort Innovation, except as may be permitted under the Copyright Act 1968 (Cth).