Taranaki industry projections
Table 4.4 Taranaki industries reliant on oil and gas
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- % of contributor industry output
- 4.3 Dairy sector
- Table 4.5 Taranaki dairy sector Taranaki Dairy sector Total % of regional % of national dairy
- Table 4.6 Taranaki dairy sector total inputs and outputs Taranaki Dairy sector % of sector % of regional Inputs
- Table 4.7 Taranaki dairy major input industries
- Taranaki Dairy sector % of sector inputs
- Table 4.8 Taranaki industries reliant on dairy Taranaki Dairy sector
- Table 4.9 Taranaki meat processing sector Taranaki Meat processing sector Total % of regional
- Table 4.10 Taranaki meat processing sector total inputs and outputs Taranaki Meat processing sector % of sector % of regional
- Table 4.11 Taranaki meat processing major input industries
- Taranaki Meat processing sector % of sector inputs
- Table 4.12 Taranaki industries reliant on meat processing Taranaki Meat processing sector
- 4.5 Engineering sector
- Table 4.13 Taranaki engineering sector Taranaki Engineering sector Total % of regional % of national
- Table 4.14 Taranaki engineering sector total inputs and outputs Taranaki Engineering sector % of sector % of regional
- Table 4.15 Taranaki engineering major input industries
- % of sector inputs Taranaki Engineering sector
- Table 4.16 Taranaki industries reliant on engineering Taranaki Engineering sector
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Table 4.4 Taranaki industries reliant on oil and gas Taranaki Oil & gas sector Services to mining 98.31 Other mining and quarrying 74.76 Computer services 28.63 Non building construction 20.36 Other business services 18.76 Insurance 14.77 Ancillary services to construction 14.36 Other non-metallic mineral product manufacturing 13.71 Air transport, services to transport and storage 10.68 Technical services 9.83 source: BERL, Butcher & Associates % of contributor industry output
Of particular note are the services to mining and the other mining and quarrying industries. These two industries are very dependent on the oil and gas sector in Taranaki, with 98 percent and 75 percent respectively of all output in these industries acting as inputs to the oil and gas sector. Computer services, non-building construction, and other business services each contribute more than one-sixth of their output to the oil and gas sector.
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4.3 Dairy sector The dairy sector in Taranaki is made up of two industries at the 114 industry level. The two industries are dairy cattle farming and dairy product manufacturing. Table 4.5 shows the contribution of the dairy sector to the Taranaki economy and to the national dairy sector in 2006.
Employment (FTEs) 6,155
GDP ($mn) 732
Business units 2,909
The dairy sector employed around 6,160 FTEs in Taranaki in 2006 (14 percent of regional employment) in more than 2,900 businesses (23 percent of regional businesses). Between them, these employees produced $732 million in GDP, or 17 percent of regional GDP. The importance of the Taranaki dairy sector to the national dairy picture is evident from the fact that it accounts for around 14 percent of national dairy employment and GDP. In addition, it provides more than 16 percent of the national dairy sector’s business units. Projecting changes in the dairy sector is difficult due to the fact that, at least on the manufacturing side, the sector is dominated by a few large businesses. A decision to expand or reduce operations by any one of the major players can have a large impact on the sector in the region. It is important to keep this in mind when projecting likely changes. Based on recent performance of the sector, employment growth is expected to be relatively modest over the next 20 years, with stronger gains on the manufacturing side than the farming side. Nevertheless, rises in labour productivity should see a steady increase in dairy sector GDP. More detail on likely rises in employment and GDP are introduced in section 5. The employment multiplier in the dairy sector in Taranaki is relatively high, at 2.51. In other words, creating one new dairy FTE will lead to 1.51 further FTEs being employed in the region.
This is largely the result of a very high employment multiplier within dairy product manufacturing, which relies on inputs from many other industries. Therefore, increasing employment by one FTE in dairy product manufacturing requires substantial increases in
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production within its supply industries, with the result that those industries must also employ more workers. Table 4.6 presents the make-up of the Taranaki dairy sector’s inputs and outputs. It also shows the sector’s contribution to each category of regional inputs and outputs.
Intermediate inputs 46.56 10.83
Imports 20.55
9.14 Wages and other household income 14.63 16.28
Other inputs 18.26
15.16 Outputs Intermediate outputs 38.24 8.89
Exports 60.04
22.82 Household and government consumption 1.13 0.96
Other outputs 0.58
1.25 source: BERL, Butcher & Associates
Almost 47 percent of the sector’s inputs come from industries within the region, as explained in more detail below. The sector imports nearly 21 percent of its inputs from outside the region. This represents 9.1 percent of the region’s total imports. Other inputs such as depreciation and operating surpluses account for 18 percent of inputs. Wages and other household income accounts for close to 15 percent of dairy sector inputs. The size of the dairy sector in Taranaki ensures that dairy sector wages and other household income represent 16 percent of all wages and other household income in the region. As much as 60 percent of the sector’s output is exported to the rest of New Zealand or overseas. The dairy sector is the largest export industry in Taranaki, accounting for nearly 23 percent of the region’s exports. Just over 38 percent of the sector’s outputs feed into industries in the Taranaki region. Table 4.7 presents the top ten industries by contribution to dairy sector inputs in Taranaki.
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Table 4.7 Taranaki dairy major input industries Dairy cattle farming 36.19 Wholesale trade 1.13 Fertiliser manufacturing 0.98 Electricity generation 0.89 Dairy product manufacturing 0.60 Finance
0.60 Other farming 0.50 Sheep and beef cattle farming 0.45 Services to agriculture, hunting and trapping 0.43 Other horticulture 0.41 source: BERL, Butcher & Associates Taranaki Dairy sector % of sector inputs
A large portion of the inputs for the dairy sector in Taranaki is, not surprisingly, provided by the dairy cattle farming industry, at 36 percent of all inputs. A distant second is wholesale trade, followed by fertiliser manufacturing, which each provide around 1.0 percent of inputs into the dairy sector. The top ten input industries account for 42 percent of all dairy sector inputs. This suggests that inputs come from a wide range of industries. However, a number of industries are reliant on the dairy sector for a significant proportion of their activity. Table 4.8 presents the industries most reliant on the dairy sector in terms of the portion of their total output contributed to the dairy sector. Table 4.8 Taranaki industries reliant on dairy Taranaki Dairy sector Dairy cattle farming 96.69 Veterinary services 45.37 Mixed cropping 38.23 Other horticulture 35.17 Services to agriculture, hunting and trapping 30.96 Other farming 27.91 Plastic product manufacturing 24.58 Horse and dog racing 24.01 Fertiliser manufacturing 18.84 Other food manufacturing 18.25 Other fruit 14.97 Waste disposal, sewerage and drainage svs 14.19 Accounting services 11.43 Finance
11.03 Personal and other community services 10.80
The importance of the dairy sector within the Taranaki region is evident from the fact that it accounts for more than ten percent of production by at least 15 industries in the region.
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These include primary-based industries such as dairy cattle farming and veterinary services, and a range of general business-related industries. Almost all of the dairy cattle farming industry’s production feeds into the dairy sector in Taranaki. Almost half of Taranaki veterinary services are inputs into the dairy sector. The dairy sector accounts for more than one-third of mixed cropping and other horticulture production in the region. It also absorbs more than one-quarter of outputs from services to agriculture, hunting and trapping, and other farming.
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Taranaki Industry Projections 2006-2026 Venture Taranaki November 2007
4.4 Meat processing sector The meat processing sector in Taranaki is made up of three industries at the 114 industry level. The industries are meat processing, poultry processing; and bacon, ham and smallgood manufacturing. Table 4.9 shows the contribution of the meat processing sector to the Taranaki economy and to the national Meat processing sector in 2006. Table 4.9 Taranaki meat processing sector Taranaki Meat processing sector Total % of regional % of national meat processing Employment (FTEs) 1,959
GDP ($mn) 169
Business units 15
The sector employed 1,960 FTEs in 2006, producing $169 million in GDP through 15 businesses. The importance of the sector to the region is highlighted in its 4.3 percent contribution to all regional employment, and the fact that it produces 3.9 percent of regional GDP. The sector accounts for just 0.12 percent of regional businesses. This indicates that at a local level, the sector is dominated by a few large businesses. Taranaki is also home to a large proportion of the national meat processing sector, with 7.5 percent of all employment in the sector and 7.8 percent of national meat processing GDP. The region has 4.9 percent of all meat processing businesses in New Zealand. As with the dairy sector, projecting changes in the meat processing sector is difficult due to the fact that the sector is dominated by a few large businesses. A decision to expand or reduce operations by any one of the major players can have a large impact on the sector in the region. It is important to keep this in mind when projecting likely changes. Based on recent performance, employment in meat processing is expected to grow modestly over the next 20 years. Coupled with slight rises in labour productivity, this should result in GDP growth of a little over 3.0 percent per annum over the next 20 years. More detail on likely rises in employment and GDP are introduced in section 5. The employment multiplier for the meat processing sector is 2.31. In other words, for every FTE created in the sector, a further 1.31 are created elsewhere in the region. This implies that a number of industries are dependent on the meat processing sector to absorb their outputs, as shown later in this section.
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Table 4.10 presents the make-up of the Taranaki meat processing sector’s inputs and outputs. It also shows the sector’s contribution to each category of regional inputs and outputs. Table 4.10 Taranaki meat processing sector total inputs and outputs Taranaki Meat processing sector % of sector % of regional Inputs Intermediate inputs 37.30 2.38
Imports 38.00
4.64 Wages and other household income 13.75 4.20
Other inputs 10.95
1.89 Outputs Intermediate outputs 6.41 0.41
Exports 87.24
9.11 Household and government consumption 6.54 1.51
Other outputs -0.19
-0.11 source: BERL, Butcher & Associates
The sector imports 38 percent of all inputs, accounting for 4.6 percent of all Taranaki imports. Almost as much of its inputs (37 percent) are provided by industries in the region. Nearly 14 percent of inputs into the meat processing sector are through wages and other household income, which equates to 4.2 percent of regional wages and other household income.
The importance of the sector to the region is clear from the fact that it exports 87 percent of its outputs, representing 9.1 percent of Taranaki exports. Very little of the sector’s outputs (6.4 percent) feeds into industries in the region. Table 4.11 presents the top ten industries by contribution to meat processing sector inputs in Taranaki.
Sheep and beef cattle farming 15.74 Other farming 3.53 Road freight transport 2.86 Dairy cattle farming 2.86 Meat processing 2.66 Services to agriculture, hunting and trapping 1.48 Mixed cropping 1.22 Electricity generation 1.15 Wholesale trade 1.05 Personal and other community services 0.65 source: BERL, Butcher & Associates Taranaki Meat processing sector % of sector inputs
32 Taranaki Industry Projections 2006-2026 Venture Taranaki November 2007 Not surprisingly, the sheep and beef cattle farming industry provides the biggest portion of inputs to the meat processing sector, at almost 16 percent. A variety of other primary-related industries along with road freight transport fill the top five places. The top ten industries together provide 33 percent of meat processing sector inputs. Table 4.12 presents the industries most reliant on the meat processing sector in terms of the portion of their total output contributed to the meat processing sector in Taranaki.
Sheep and beef cattle farming 80.39 Other farming 54.27 Mixed cropping 38.37 Services to agriculture, hunting and trapping 29.59 Horse and dog racing 24.30 Road freight transport 14.79 Water supply 14.18 Plastic product manufacturing 9.28 Other fruit 9.05 Other horticulture 7.38 source: BERL, Butcher & Associates % of contributor industry output
More than four-fifths of the Sheep and beef cattle farming industry feeds into the meat processing sector. More than half of other farming outputs are absorbed by meat processing, along with 38 percent of mixed cropping. Services to agriculture, hunting and trapping; horse and dog racing; road freight transport; and water supply each contribute at least 14 percent of their outputs to meat processing.
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Taranaki Industry Projections 2006-2026 Venture Taranaki November 2007
4.5 Engineering sector The engineering sector consists of nine industries at the 114 industry level. These industries can be split into two broad groups: metal product manufacturing; and machinery and equipment manufacturing. Table 4.13 shows the contribution of the engineering sector to the Taranaki economy and to the national engineering sector in 2006. Table 4.13 Taranaki engineering sector Taranaki Engineering sector Total % of regional % of national engineering Employment (FTEs) 2,753
GDP ($mn) 240
Business units 282
The sector employed 2,750 FTEs in 2006, or 6.1 percent of all regional employment. Engineering in Taranaki produced $240 million in GDP (5.5 percent of the regional figure) through 282 businesses (2.2 percent of the region’s businesses). Seen in a national light, Taranaki provided 3.6 percent of all engineering employment through 2.9 percent of engineering businesses. It contributed 3.8 percent of national engineering GDP. Engineering is expected to see strong employment growth over the next 20 years. Coupled with modest labour productivity growth, the sector’s contribution to GDP should grow solidly out to 2026. More detail on likely rises in employment and GDP are introduced in Section 6. The engineering sector in Taranaki has an employment multiplier of 1.62. For every new FTE created in the industry, a further 0.62 FTEs are created within the region. Table 4.14 presents the make-up of the Taranaki engineering sector’s inputs and outputs. It also shows the sector’s contribution to each category of regional inputs and outputs.
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Taranaki Industry Projections 2006-2026 Venture Taranaki November 2007
Table 4.14 Taranaki engineering sector total inputs and outputs Taranaki Engineering sector % of sector % of regional Inputs Intermediate inputs 26.07 1.34
Imports 40.25
3.94 Wages and other household income 25.33 6.21
Other inputs 8.35
1.56 Outputs Intermediate outputs 16.01 0.82
Exports 67.85
5.68 Household and government consumption 3.83 0.71
Other outputs 12.31
5.80 source: BERL, Butcher & Associates
The engineering sector imports 40 percent of its inputs from outside the region, accounting for 3.9 percent of all Taranaki imports. More than 25 percent of the engineering sector’s inputs are in the form of wages and other household income, which equates to 6.2 percent of all wages and other household income in Taranaki. Industries within the region provide 26 percent of the inputs required by the engineering sector. Almost 68 percent of the engineering sector’s outputs are exported from Taranaki, which equates to 5.7 percent of all exports from the region. Around 16 percent of the sector’s outputs are absorbed by other industries in the region. Table 4.15 presents the top-ten industries by contribution to the engineering sector inputs in Taranaki.
Structural, sheet and fabricated metal product mfg 6.60 Wholesale trade 5.77 Electricity generation 2.96 Road freight transport 1.20 Property ownership and mgt and real estate 0.65 Technical services 0.65 Ancillary services to construction 0.58 Business administrative and mgnt services 0.57 Retail trade 0.53 Basic metal manufacturing 0.51 source: BERL, Butcher & Associates % of sector inputs Taranaki Engineering sector
The engineering sector draws 6.6 percent of its inputs from the structural, sheet and fabricated metal product manufacturing industry. Wholesale trade supplies the next most, at 5.8 percent. Electricity generation supplies 3.0 percent of inputs, while road freight transport supplies 1.2 percent.
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The ten industries which provide the most inputs to the Engineering sector together provide 20 percent of these inputs. Table 4.16 presents the industries most reliant on the engineering sector in terms of the portion of their total output contributed to the engineering sector in Taranaki.
Glass and glass product and ceramic mfg 24.34 Structural, sheet and fabricated metal product mfg 17.98 Wholesale trade 7.23 Plastic product manufacturing 6.21 Other mining and quarrying 6.18 Rubber manufacturing 6.16 Services to finance and insurance 5.19 Road freight transport 4.99 Employment, security and investigative services 4.96 Business administrative and mgnt services 4.00 source: BERL, Butcher & Associates Yüklə 0,59 Mb. Dostları ilə paylaş:
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