The GVP (Gross Value of Production) for the segment of the lifestyle horticulture industry in 2015–16 is forecast to be $1.224 billion. This is a 3% increase on DAF’s estimate for 2014–15 and 4% above the average for the past 5 years.
Analysis and discussion
The GVP for nursery production is forecast to increase by 2% to $898 million for 2015–16. This is also 2% greater than the average for the past 5 years.
Nursery production contributes significantly to Queensland horticulture—approximately one-fifth of the total GVP. The sector includes wholesale nurseries (which supply the fruit, vegetable and forestry industries), as well as the landscape supply production and service sector.
Steady growth over 2015–16 is expected for Nursery production due to a buoyant market and increased availability of water and ideal conditions for production.
This trend has been driven by the prevalence of renovation programs on television, and the development of green space within the community with a focus on healthy and sustainable living,
The increasing cost of living, is driving the broad acceptance that the ‘green life’, Gardening and Nursery Industry is a means of creating energy efficiencies and reducing costs.
There is potential for further growth in this area, with space and decorator solutions such as vertical gardens.
The opening of additional retail outlets has also provided additional opportunities for nursery production during 2015–16.
The GVP for cut flowers is forecast to be $151 million for 2015–16. This is unchanged from 2014–15 and is 1% less than the average for the past 5 years.
Cut flower production in Queensland is forecast to see an improvement during 2015–16. This growth is attributed to higher demand driving increased plantings (in some cases by up to a third of production).
Native flowers are being sought after in Japan, South Korea and China.