Industry Analysis & Industry Trends
Although the Sugar Manufacturing industry has been subjected to volatile commodity prices and fluctuating weather patterns, it has performed well. Industry revenue is forecast to grow at an annualised 4.6% over the five years through 2014-15, to reach $3.1 billion. This includes forecast 1.2% growth for 2014-15. Despite trending downwards, world sugar prices have remained high for the majority of the past five years. Additionally, domestic sugar production volume has increased over the past five years. These two factors have helped boost industry revenue over the period.
The industry derives a large share of its revenue from exports... purchase to read more
Industry Report - Industry Locations Chapter
Industry activity is heavily concentrated in Queensland. Since sugar cane quality declines quickly after harvesting, sugar processors tend to locate close to sugar cane farms. Therefore, it is not surprising that the industry is heavily concentrated in Queensland. The state provides ideal climate conditions for canegrowers due to its subtropical weather patterns characterised by high annual rainfall. It also has a reliable irrigation water supply and good infrastructure including seven bulk-shipping terminals. Queensland currently has the majority of Australian sugar mills, mostly located in Bundaberg and between Mackay and Cairns... purchase to read more