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Grain Growing in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Grain Growing Market Research Report | ANZSIC A0149 | Sep 2014

Farming fluctuations: Adverse weather conditions have caused significant volatility

IBISWorld’s Grain Growing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$14bn
Annual Growth 10-15
8.5%
Annual Growth 15-20
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Profit
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Employment
25,863
Businesses
12,059
Industry Analysis & Industry Trends

The Grain Growing industry is highly export-oriented and includes crops such as wheat, barley, sorghum and other grains. The industry has sustained high levels of revenue volatility over the past five years, largely influenced by adverse weather conditions that have affected local supply. Fluctuations in global grain prices and global crop supply over the past five years have added to revenue volatility. Industry revenue is forecast to expand by an annualised 8.5% over the five years through 2014-15, to reach $13.8 billion. However, plummeting revenue in 2009-10 has skewed the industry's revenue growth figure over the period. Industry revenue is forecast to fall 3.8% in 2014-15, due to an anticipated reduction in the nation's grain crop... purchase to read more

Industry Report - Industry Analysis Chapter

Volatile industry conditions have prevailed over the past five years. Adverse weather conditions have caused production levels and prices to fluctuate significantly. Industry revenue growth has largely moved in line with global grain prices, as the industry is highly export-oriented. Revenue is forecast to expand by an annualised 8.5% over the five years through 2014-15, to reach $13.8 billion. However, this growth figure is inflated, due to severe crop yield declines in 2009-10, which caused industry revenue to fall, creating a low base. The Australian Bureau of Agricultural and Resource Economics and Sciences has forecast a reduced grains crop for 2014-15. Consequently, industry revenue is projected to fall 3.8% in 2014-15... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Grain Growing Industry?

This industry consists of farms that grow coarse grains or other cereal crops. Other farms in the industry grow oilseeds, peanuts, lupins, dry field peas and beans. This industry excludes rice growing.

Industry Products
WheatCoarse grainsOilseedsLegumes
 
Industry Activities
Wheat growingCanola growingChickpea growingBarley growing Corn and maize growingSorghum growing Soybean growingPeanut growingOther grain, oilseed and legume growing


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