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 Products Chapter
The industry has four main product segments: citrus fruit, bananas, berries and nuts. Over the past five years, industry output has been severely affected by droughts, floods and cyclones. Consequently, production has fluctuated over the period.
Citrus fruit is Australia's largest horticultural export and is expected to have remained relatively stable as a share of industry revenue over the past five years. Oranges are the main citrus fruit grown by the industry. Some citrus growers have been adversely affected by an increase in imports of frozen concentrated orange juice, which has displaced the local product... purchase to read more