Industry Analysis & Industry Trends
Grain is one of Australia's most valuable agriculture products and the Cereal Grain Wholesaling industry plays a key part in the dispersion of the various grains produced. Wholesalers play a major role in the distribution of grain from the farmer to the retail market, both domestically and internationally. Over the five years through 2013-14, industry revenue is forecast to grow by an annualised 4.3% to reach $8.3 billion. In 2013-14, industry revenue is expected to increase by 1.3% as prices rise because of lower global production due to unfavourable weather conditions across several major producing regions.
As is often the case for industries that are dependent upon agricultural commodities, revenue volatility is very high... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The life cycle stage is difficult to classify due to a number of conflicting factors influencing the industry. These include significant variation in production levels, increased demand for grains, increased number of competitors and the introduction of genetically modified (GM) crops. Overall, this industry appears to moving into a growth phase given the increased competition that has come with the deregulation of the industry. Additionally, whether it remains in this phase depends critically on the levels of production and global demand and the potential new markets for the increase in suppliers. Over the 10 years through 2018-19, industry value added is expected to increase at an annualised 6.5% compared to 2.5% annualised GDP growth over the same period... purchase to read more