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. In recent years, the industry has undergone considerable dynamic and structural change, with the move towards complete deregulation. Further change has resulted from severe droughts and extreme weather patterns, which have highly influenced industry returns.
Large fluctuations in global grain prices have had a major impact on industry revenue over the past five years. Major price spikes occurred in 2010-11 due to low global grain stocks. This translated to 39.1% growth in industry revenue for that year. Over the five years through 2012-13, industry revenue is forecast to grow by an annualised 2.0%, to reach $8.03... 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 ten years through 2017-18, industry value added is expected to increase at an annualised 6.6% compared to 2.4% annualised GDP growth over the same period... purchase to read more