Industry Analysis & Industry Trends
In the past five years, the Metal and Mineral Wholesaling industry has benefited from the mining investment boom, strong foreign demand and stable domestic growth. Demand from engineering construction for basic metal products, such as structural sections, has been particularly strong, reflecting investment in resource projects and associated construction and building infrastructure. Firms supplying other sectors, including automotive manufacturers and the residential housing market, have generally fared less well.
Industry revenue is expected to increase at an annualised 1.2% over the five years through 2014-15, driven by increased mining investment and high foreign demand over these years. Growth has been constrained by the ongoing trend of wholesale bypass... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Metal and Mineral Wholesaling industry is in a mature phase of its life cycle. Industry value added, which is the industry's contribution to national GDP, is expected to increase at an annualised 0.3% over the decade through 2019-20. This is lower than Australia's GDP growth over the same period, which is forecast at 2.7% annualised. Although there have been general declines in establishment numbers in the past five years, these are forecast to increase in the five years through 2019-20 as industry revenue increases at a stronger rate.
The industry primarily serves smaller firms, which includes buyers and sellers of metals and minerals. Larger metal and mineral producers tend to deal directly with metals and minerals processors, skipping the wholesaler... purchase to read more