Territory Stories

Budget 2013/14 Northern Territory Economy

Details:

Title

Budget 2013/14 Northern Territory Economy

Other title

Tabled paper 295

Collection

Tabled papers for 12th Assembly 2012 - 2016; Tabled papers; ParliamentNT

Date

2013-05-14

Description

Tabled by David Tollner

Notes

Made available by the Legislative Assembly of the Northern Territory under Standing Order 240. Where copyright subsists with a third party it remains with the original owner and permission may be required to reuse the material.

Language

English

Subject

Tabled papers

Publisher name

Department of the Treasury and Finance

File type

application/pdf

Use

Copyright

Copyright owner

See publication

License

https://www.legislation.gov.au/Details/C2019C00866

Parent handle

https://hdl.handle.net/10070/273751

Citation address

https://hdl.handle.net/10070/426369

Page content

156 Agriculture, Forestry and Fishing 2013-14 Budget e: estimate 1 Current prices Source: DPIF The value of the Territorys horticulture production is estimated to increase by 7.3per cent to $228million in 201213, mainly due to an increase in the production of Asian vegetables. Mangoes are the largest horticultural industry in the Territory. Production is mainly located in Darwins rural area and the Katherine region, with production expanding in Mataranka. Mango production in the Territory is estimated to decrease from 33750tonnes in 201112 to 29000 tonnes in 201213 (down by 14.1percent). The decline mainly reflects the record levels of production in 201112 as a result of a good wet season and a split season between rural Darwin and Katherine. On average, the mango seasons in rural Darwin and Katherine overlap, creating high competition for refrigerated trucks and limiting the product that can get to market. In 201112, however, there was less competition because the two regions produced mangoes at separate times. Although production is estimated to decrease in 201213, it is still considered to be above the longterm trend. Mango production in the Territory has been growing in recent years, mainly driven by increasing maturity in young mango plants in the Katherine region. Producers have been planting more mango plantations in the Katherinearea, as the drier climate produces high quality mangoes. These trees have begun to bear fruit and are slowly changing the nature of the industry; where the Darwin region was once the main producer, production is now shared equally with Katherine. Melon production, which includes watermelon, rockmelon and honey dew, is estimated to increase by 8.8percent, to an estimated $63.7million in 201213, mainly due to growth in the value of rockmelon production attributable to increases in both prices and volumes. Seedless watermelon is the dominant melon produced in the Territory with an estimated production value of $52.5million in 201213. The value of watermelon production is expected to remain stable in the year with an estimated 12.2percent growth in prices offset by an 8.8percent decline in quantity produced largely due to Fusarium wilt disease. Fusarium wilt Chart 12.5: Value of Territory Horticultural Production1 0 10 20 30 40 50 60 70 80 90 Mangoes Melons Bananas Other 2011-12 2012-13e $M Mangoes Melons


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