Industry Analysis & Industry Trends
The fortunes of Australian cotton growers are largely determined by external factors such as global cotton demand, the world price of cotton and domestic growing conditions. Although Australia is a small cotton producer on a global scale, the industry is export-oriented, with approximately 85.0% of ginned cotton sold abroad due to the small size of the domestic textile manufacturing industries and the increasing penetration of fabric and garment imports. Non-exported cotton and cotton products, such as cottonseed and cotton seeds, are used by manufacturers and within the industry... purchase to read more
Industry Report - Industry Key Buyers Chapter
As the majority of agricultural operators are family-run farms, market shares are often highly fragmented across the sector. The Cotton Growing industry is no different in this respect, although some major players do run sizeable operations. Most of these major players are also vertically integrated, running their own ginning operations, as well as undertaking marketing and exporting. The latest Australian Bureau of Statistics data shows that over 90% of cotton farms earned $500,000 or more in 2010-11, compared with just 15.2% of farms across the agricultural sector as a whole. In 2012-13, the four largest companies are estimated to account for 13.4% of industry revenue, indicating a low concentration level... purchase to read more