Economic value of the South Australian Oyster Industry
Business turnover impacts...
The total direct business turnover (output) equated to $35.7 million in 2018/19. Direct business turnover generated in SA oyster farming enterprises summed to $20.5 million in 2018/19 while the output generated in SA by associated downstream activities (processing, transport, retail and food service) summed to $15.3 million in 2018/19. Flow-ons to other sectors of the State economy added another $36.1 million in business turnover in 2018/19. The sectors most affected were the trade, manufacturing and property and business sectors.
Value added effects...
In 2018/19, total oyster farming-related value added in South Australia was over $44.1 million, $15.9 million generated by oyster farming directly, $7.3 million generated directly by downstream activities and almost $20.8 million generated in other sectors of the state economy.
In 2018/19, SA oyster farming was responsible for the direct employment of approximately 212 people and downstream activities created employment for approximately 115 people. Flow-on business activity was estimated to generate a further 162 jobs. These jobs were concentrated in the trade (30), manufacturing (12) and business services (24) sectors. In total the South Australian oyster industry provided 489 jobs for the state of South Australia in 2018/19.