Industry Analysis & Industry Trends
The Sugar Manufacturing industry's performance over the past five years has generally been strong, despite facing erratic climatic conditions and global supply, demand and pricing fluctuations, which have caused revenue to vary dramatically. The industry derives the majority of its revenue from exports, which has made it vulnerable to fluctuating global sugar prices over the past five years. A strong Australian dollar for the majority of the past five years has also dented industry exports. Industry revenue is forecast to expand by an annualised 6.3% in the five years through 2013-14, to reach $2.8 billion. This includes a 2.1% forecast growth rate in 2013-14... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
Although the industry can sustain large variations in world sugar prices, the long-term price trend is for marginal growth. At the same time, the amount of sugar produced in Australia is constrained by the availability of land. As a result, the sugar manufacturing industry is considered to be in the mature phase of its life cycle. Further, industry value added is estimated to increase an annualised 1.1% in the decade through 2018-19, while real GDP growth over the same period is estimated to increase at an annualised 2.5% over the same period.
The industry is characterised by well-established and stable products. The main innovations for sugar products are based on packaging and branding... purchase to read more