Tasmania’s farm-gate value has jumped 15% to $2.83 billion, up from $2.46 billion the year before in
The latest figures come from the latest Tasmanian Agri Food ScoreCard, covering the 2023-24 financial year.
Wine was one of the standout performers, with its farm-gate value surging 48% to $62 million on the back of higher yields, strong prices and a good vintage.
Dairy remained the state’s most valuable land-based agricultural industry at $678 million, closely followed by meat production at $667 million.
Vegetables delivered a big year, reaching $630 million in farm-gate value.
The fruit sector bounced back strongly, rising to $401 million, driven by solid performance in berries and cherries.
TasFarmers CEO Nathan Calman said the result reflected the hard work of producers across the state.
“We welcome the government’s report and acknowledge the work that’s been done across industry and government to help support growth in the sector,” Calman said.
“We look forward to the launch of the Government’s Agricultural Strategy and continuing the work needed to make the boat of agriculture go faster.”
Primary Industries and Water Minister Gavin Pearce said the result showed the strength of the state’s farming sector.
“We’re a farming state through and through, and I’m incredibly proud of the ongoing resilience we’ve seen across the sector,” Pearce said.
“Our government stepped up to support our primary producers as they navigated tough drought conditions in 2023-24, and it is clear our partnership has delivered positively for the industry.”
Pearce said the scorecard showed strong progress toward the government’s target of growing Tasmania’s annual farm-gate value to $10 billion by 2050.
Pearce said the sector continued to benefit from Tasmania’s climate, soils, biosecurity, natural resources and irrigation infrastructure.
The full scorecard is available on the Department of Natural Resources and Environment Tasmania website.
