Australian horticulture production value skyrockets to $17 billion

News

Publication date: February 20, 2025

Sydney, Australia, 20 February 2025: Today's release of The Australian Horticulture Statistics Handbook 2023/24 has revealed a 4.3% growth (YOY) in total production value for Australia’s horticulture sector to $17 billion.

The Handbook, published by Hort Innovation - a not-for-profit research and development corporation supporting Australia's horticulture industry - details a year of grower resilience, increase in overall production, and export success.

Key findings:

Production volume and value continue to climb: Australian horticultural production grew by 6.6% to 6.89 million tonnes, with the total production value reaching $17 billion, a 4.3% rise from the previous year.

Exports reach record highs: Export volumes increased by 8.7%, while export values reached a record high of near $3 billion, led by almonds, citrus, macadamias, avocados, and summerfruit.

Record year for fruit production value: Fruit saw huge growth with berries, bananas and citrus all climbing substantially in value, citrus in particular breaking a new record and reaching more than $1 billion in value for the first time.

Domestic supply expands to keep up with demand: Fresh market supply expanded by 4.3%, supported by strong production in watermelons, avocados, strawberries, and potatoes.

Nuts make a comeback: Almond production value rose by 63.3%, and macadamias increased by 94.1%.

Brett Fifield, CEO of Hort Innovation, said: “These figures demonstrate the incredible resilience and capability of Australian growers. From driving export growth to meeting local demand, our horticulture industry has once again proven its strength as a cornerstone of our agricultural economy. This year’s results reflect a commitment to innovation, sustainability, and quality production, which position Australia as a competitive force globally.”

“While these are strong numbers, it’s important to also remember Australian horticulture is facing historic highs when it comes to productions costs like labour, energy, capital and inputs like fertiliser.”

“Our growers, industry partners, and research bodies have worked together to achieve these outcomes. Whether it’s adopting new technologies, expanding into export markets, or meeting sustainability goals, this success is a collective achievement. We’re excited to continue building on this strong foundation to ensure future growth for the sector.”

Fifield said this year’s growth was further supported by mostly favourable growing conditions, improved yields from maturing plantings, and strategic advancements in global export markets.

To read more about the state of horticulture in Australia head to: Australian Horticulture Statistics Handbook