Industry Analysis & Industry Trends
Over the past five years, unfavourable weather conditions have negatively affected the Citrus, Banana and Other Fruit Growing industry. Production output was severely constrained by flooding and cyclones, particularly in Queensland, which has contributed to revenue volatility over the past five years. Many farmers were able to replant crops soon after the wet conditions of 2010-11, which limited the spillover effect into the following year. Revenue is projected to fall by an annualised 1.7% in the five years through 2014-15, to reach $2.4 billion. However, industry revenue is forecast to recover and post growth of 1.8% in 2014-15. A... purchase to read more
Industry Report - Industry Key Buyers Chapter
The industry exhibits a low level of market share concentration. Like most horticultural industries, fruit growing comprises many small-scale participants, although concentration does vary. The presence of many low-value establishments is partly explained by the small tracts of land required for fruit growing. Average farm and orchard sizes are increasing as rising input costs and lower returns erode profitability for small operators.
The move towards large-scale production is likely to spur the entry of more corporate players in the next five years. In terms of employment distribution, the industry currently employs a small permanent workforce. Farmers typically only supplement their own labour with hired labour during harvest periods... purchase to read more