HONEY BEE & POLLINATION 
4 pages
Published: 25 Aug 2024
Author(s): Robert Gillespie, Michael Clarke, Elizabeth Frost
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DownloadSince the mid-1980s, economists have made numerous attempts at estimating the value of honey bee pollination to the Australian economy. The exercise is not straightforward, and a variety of valuation methods have been used.
The purpose of this research was to review previous studies and the economic theory underpinning them, and use the results to prepare an authoritative valuation framework. The resultant framework, which incorporates the concepts of consumer and producer surplus and a partial equilibrium model, was then used to estimate the value of honey bee pollination to the Australian economy.
The study has delivered an updated, defendable and transparent estimate of the economic value of honey bee pollination. The estimate, prepared using 2020-21 gross value of production data, showed that crops worth $12.9 billion are at least partially reliant on honey bee pollination, and the economic contribution attributable to honey bee pollination is $4.6 billion.
The conceptual framework and the spreadsheet model have been provided to AgriFutures Australia to enable routine update of the estimate. AgriFutures Australia is recommended to update the estimate every three to five years in light of changes in demand for honey bee pollination.
Since the mid-1980s, economists have made numerous attempts at estimating the value of honey bee pollination to the Australian economy. The exercise is not straightforward,...
This blueprint serves as a resource for those interested in the honey bee and pollination industry and provides essential fast facts alongside the fundamental themes...
Since the mid-1980s, economists have made numerous attempts at estimating the value of honey bee pollination to the Australian economy. The exercise is not straightforward,...
In 2020, AgriFutures Australia supported research to develop a detailed statistical picture of the Australian honey bee and pollination industry. Three years on, against a...
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Welcome to the AgriFutures Honey Bee & Pollination Program 2024 Research, Development and Extension Snapshot. From a single-shot vaccine to conquer American and European foulbrood...
The Australian honey bee and pollination industry is vibrant, with 1,800 highly skilled commercial beekeepers and 28,000 recreational beekeepers. The industry extracts 37,000 tonnes of...
The AgriFutures Honey Bee & Pollination Program invests in research, development and extension (RD&E) to foster a more productive, sustainable and profitable Australian beekeeping industry...
