Industry Analysis & Industry Trends
Grain is one of Australia's most valuable agriculture products. Wholesalers play a major role in the distribution of grain from the farmer to end markets, both domestically and internationally. Over the five years through 2014-15, industry revenue is forecast to grow by an annualised 9.0% to reach $8.3 billion. This figure is positively skewed due to an enormous downward swing in revenue in 2009-10 caused by ongoing drought conditions and low world wheat prices. Consequently, the industry's growth rate over this period has been inflated.
As is often the case for industries that depend on agricultural commodities, revenue volatility is very high. The supply of cereal grains from the Grain Growing industry is the most important factor affecting wholesalers' revenue... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The industry's life cycle stage is difficult to classify, due to a number of conflicting factors influencing the industry. These include variation in supply levels, fluctuations in global demand for grains and the introduction of genetically modified (GM) crops. Overall, the industry appears to be in its mature phase, given the increasing consolidation and wholehearted market acceptance of industry products.
Industry value added (IVA), a measure of the industry's contribution to the overall economy, is forecast to grow by an annualised 7.2% over the 10 years through 2019-20. Comparatively, GDP is forecast to grow by 2.7% over the same period. Typically, an IVA figure this much higher than GDP indicates an industry is substantially outperforming the economy... purchase to read more