Economic value of the South Australian Oyster Industry
Business turnover impacts...
The total direct business turnover (output) equated to $30.9 million in 2002/03. Direct business turnover generated in SA oyster farming enterprises summed to $16.1 million in 2002/03 while the output generated in SA by associated downstream activities (processing, transport, retail and food service) summed to $14.7 million in 2002/03. Flow-ons to other sectors of the State economy added another $33.9 million in business turnover in 2002/03. The sectors most affected were the trade, manufacturing and property and business sectors.
Value added effects...
In 2002/03, total oyster farming-related value added in South Australia was over $32 million, $10.8 million generated by oyster farming directly, $4.9 million generated directly by down stream activities and almost $17 million generated in other sectors of the state economy
In 2002/03, SA oyster farming was responsible for the direct employment of approximately 320 people and downstream activities created employment for approximately 80 people. Flow-on business activity was estimated to generate a further 189 jobs. These jobs were concentrated in the trade (46), manufacturing (29) and business services (27) sectors. In total the South Australian oyster industry provided 589 jobs for the state of South Australia in 2002/03.