The pie charts below compares the shares of the amount of money spent on water and the profits that is gained from selling some outputs of the Australian farming industry in 2004. Overall, the majority of products was sold at a higher price, compared to its water cost, with the exception of livestock and rice. Meanwhile, livestock and sugar held the dominant place in the water expense and the income categories, respectively.
Regarding the lines of product that were sold at a higher price than their manifacturing fee, in 2004, despite the fact that crop costed the least amount of water at about 3% to produce, its retail price quadrupled at roughly 13%, being the most highly profitable product. Moreover, the vegetable and sugar also proved themselves to be extremely lucrative products, as their selling prices hit 17% and 15%, doubling the amount of money that was spent on watering. Following that, fruit and dairy also made a profit of approximately 5% and 1%.
Concerning the remaining categories, livestock’s market price profit stayed at only around 4%, which could not compensate for the 36% expense on water. Finally, rice made up for 4% of the water bill but only gained itself 1% of income, which is the lowest result out of the surveyed subjects.