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AGRIBUSINESS CLUSTER GROWTH
IN SOUTH CAROLINA
In addition to its sizable total impact, the agribusiness cluster has experienced significant
growth in recent years as well. As Figure 1 denotes, the total size of the South Carolina
agribusiness cluster increased by approximately 40 percent between 2010 and 2020 - from
$37 billion to $52 billion. The agriculture component grew at approximately 39 percent over etty Images
this time period, while the forestry component grew at 41 percent.
O
Figure 1 - Economic Impact of Agribusiness in South Carolina: 2010-2020
$37.0 BILLION $41.7 BILLION $46.2 BILLION $51.8 BILLION
(in billions)
TOTAL IMPACT
TOTAL IMPACT
TOTAL IMPACT
TOTAL IMPACT
$50.00
$45.00
$23.2
BILLION
$40.00
$35.00
$16.9
BILLION
$21.0
BILLION
$16.4
$30.00
BILLION
$25.00
$20.00
$24.8
BILLION
$25.2
BILLION
by Ge$15.00
$20.6
BILLION
$10.00
$5.00
$0.00
$28.6-
BILLION
향
Getty Images
ICKER
2010
2013
2018
Agriculture Component
24
CAROLIN
SOUT
OF AGRICULTURE
SCDA
18790
PAGE 14
Forestry Component
2020View entire presentation