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 farmers to end markets, both domestically and internationally. Over the five years through 2015-16, industry revenue is forecast to grow by an annualised 4.2% to reach $16.5 billion. Industry revenue is anticipated to fall by 3.5% in 2015-16. This is due to falling world wheat prices and slowing demand growth from grain producers. Although industry profit has fluctuated over the past five years, it has generally trended upwards.
Industry revenue volatility is 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 conflicting factors influencing its performance. 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 a mature phase, given the increasing consolidation and overall 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 4.2% over the 10 years through 2020-21. Comparatively, GDP is forecast to grow by 2.6% over the same period. This outperformance of the economy is typical of a growing industry, in which revenue is rising and its importance in the economy is increasing... purchase to read more