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 infrastructure. Firms supplying other sectors, including automotive manufacturers and the residential housing market, have fared less well.
Industry revenue is estimated to increase at an annualised 3.0% over the five years through 2013-14, driven by the strength of the mining investment boom and high foreign demand. However, 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 1.1% over the decade through 2018-19. This is lower than Australia's estimated GDP growth over the same period of approximately 2.6% per year. There has also been steady growth in establishment numbers and employment levels in the past five years, with further growth forecast in the five years through 2018-19.
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