The overall production value of $5.83 billion represents a record high in dollar terms, which is an increase of 5.4 per cent compared to the previous year According to the…

The overall production value of $5.83 billion represents a record high in dollar terms, which is an increase of 5.4 per cent compared to the previous year

According to the newly released Australian Horticulture Statistics Handbook, Australia produced 3.59 million tonnes of vegetables in 2022-23, which had a production value of $5.83 billion. Despite severe weather events and major increases in farm input costs, the production volume only decreased by 3 per cent compared to the previous year.

The overall production value of $5.83 billion represents a record high in dollar terms, which is an increase of 5.4 per cent compared to the previous year. However, this was offset by a 6 per cent increase in CPI over the same period. It is worth noting that the 4 per cent increase in fresh supply wholesale value from $5.91 billion to $6.17 billion represents a decline in real terms, indicating the financial pressures confronting many vegetable-growing businesses.

The Australian Horticulture Statistics Handbook, released by Hort Innovation, provides comprehensive insights into the value and volume of all major vegetable and fruit crops produced in Australia, including exports and imports.