1301.0 - Year Book Australia, 2004  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 27/02/2004   
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Contents >> Agriculture >> Gross value of agricultural commodities produced

The contribution of agriculture to the Australian economy can be measured in a number of ways. The most direct measurement available is the gross value of agricultural production for the year ending 30 June. In 2001-02, the estimate of gross value of agricultural production in current prices was $39.6b.

Table 14.6 shows the gross value of agricultural commodities produced for the years 1996-97 to 2001-02. The values shown are the values of recorded production at the wholesale prices realised in the principal marketplace. Also shown are chain volume indexes of the value of production, which provide an indication of the change in value after the direct effects of price change are eliminated. Chain volume measures are discussed in the section Chain volume or 'real' GDP - National accounts.

14.6 AGRICULTURAL COMMODITIES PRODUCED, Gross value and chain volume index(a)

1996-97
1997-98
1998-99
1999-2000
2000-01
2001-02

GROSS VALUE OF COMMODITIES PRODUCED (Current prices) ($m)

Crops
Barley for grain
1,308.0
1,032.0
835.5
864.8
1,343.5
1,724.8
Oats for grain
226.6
223.3
156.6
118.4
138.4
251.3
Wheat for grain
4,877.9
3,801.5
4,011.0
4,831.2
5,130.4
6,356.3
Other cereal grains
764.9
702.1
810.9
750.4
881.2
989.0
Sugar cane cut for crushing
1,186.4
1,247.7
1,044.1
881.9
656.7
989.1
Fruit and nuts
1,667.8
1,586.8
1,763.0
1,761.1
2,041.5
2,129.7
Grapes
721.4
998.2
1,200.1
1,118.2
1,517.5
1,577.7
Vegetables
1,662.3
1,812.3
1,864.4
1,861.9
2,182.6
2,268.5
All other crops
3,580.5
3,904.3
4,540.7
4,735.1
4,642.4
5,116.3
Total
15,995.8
15,308.2
16,226.3
16,923.0
18,534.2
21,402.7
Livestock slaughterings and other disposals
Cattle and calves
3,597.0
4,138.2
4,476.6
5,048.7
6,430.6
7,142.4
Sheep and lambs
1,042.6
1,066.2
1,053.5
1,053.5
1,401.8
2,117.6
Pigs
764.8
709.8
689.7
791.7
822.3
967.7
Poultry
932.0
1,053.6
1,018.5
1,030.8
1,060.2
1,174.9
Total
6,376.3
6,991.9
7,255.8
7,944.2
9,737.8
11,434.5
Livestock products
Wool
2,621.2
2,753.9
2,141.0
2,149.2
2,541.2
2,713.2
Milk
2,808.9
2,817.0
2,899.6
2,845.2
3,053.3
3,717.1
Eggs
274.9
347.5
337.1
313.1
332.7
320.4
Total(b)
5,758.7
5,957.8
5,411.8
5,345.4
5,964.7
6,750.7
Total value(c)
28,130.8
28,258.0
28,893.9
30,212.0
34,236.7
39,587.9

CHAIN VOLUME INDEX OF GROSS VALUE OF COMMODITIES PRODUCED (Index number)

Crops
Barley for grain
80.9
77.7
72.3
60.8
81.4
100.0
Oats for grain
115.3
113.7
125.4
78.0
73.2
100.0
Wheat for grain
94.3
75.3
88.3
101.9
91.0
100.0
Other cereal grain
100.9
88.5
112.2
109.5
124.5
100.0
Legumes for grain
178.0
161.2
173.8
173.2
94.7
100.0
Oilseeds
44.9
49.5
103.1
136.1
99.3
100.0
Sugar cane cut for crushing
122.7
129.6
121.8
131.5
98.8
100.0
Cotton
92.1
99.5
96.2
99.5
98.5
100.0
Nursery production
68.0
60.0
78.2
96.2
98.6
100.0
Fruit and nuts
86.7
83.7
81.9
93.4
104.1
100.0
Grapes
58.9
58.1
71.6
73.5
90.9
100.0
Vegetables
78.2
80.8
85.0
95.7
102.3
100.0
All other crops
82.9
93.3
106.1
91.5
100.2
100.0
Total
85.7
80.5
89.6
97.1
95.9
100.0
Livestock slaughterings and other disposals
Cattle and calves
92.9
96.9
99.6
100.0
104.3
100.0
Sheep and lambs
85.2
88.3
89.5
96.5
105.7
100.0
Pigs
87.4
86.8
91.5
91.9
92.3
100.0
Poultry
80.8
89.5
93.2
97.6
92.8
100.0
Total
89.5
93.6
96.5
98.7
102.0
100.0
Livestock products
Wool
126.0
118.6
118.2
120.5
110.2
100.0
Milk
80.1
83.7
90.3
96.2
93.6
100.0
Eggs
94.6
96.2
101.1
97.3
105.8
100.0
Total(b)
98.0
97.6
101.1
105.2
100.6
100.0
Total(c)
88.9
86.6
93.3
98.9
98.4
100.0

(a) Chain volume indexes are compiled by linking together (compounding) movements in volumes, calculated using the average prices of the previous financial year, and applying the compounded movements to the current price estimates of the reference year, which for these estimates is 2001-02.
(b) Includes honey and beeswax.
(c) Includes pigs and poultry slaughterings in Tas. and NT, and livestock products in NT.
Source: Agricultural Commodities, Australia (7121.0); Agriculture, Australia (7113.0); ABS data available on request, Australian National Accounts.



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