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 SWOT Analysis Chapter
Despite the year-on-year volatility of world sugar prices, marginal growth is expected over the long term. The amount of sugar produced in Australia is also 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. Industry value added, a measure of the industry's contribution to the economy, is estimated to increase an annualised 2.3% in the decade through 2019-20. This is slightly less than real GDP growth, which is estimated to increase at an annualised 2.7% over the same period.
The industry is characterised by well-established and stable products. Product innovations have been largely based on packaging and branding... purchase to read more