Industry Analysis & Industry Trends
The Fish Wholesaling industry is expected to contract at an annualised 1.6% over the five years through 2012-13, to reach $3.97 billion. The decline reflects an increasing trend towards wholesale bypass and cheaper imports ultimately keeping growth in seafood prices moderate. Moderate growth in real prices has been driven by an increased share of imported seafood, a decrease in export returns for seafood and an increase in competition between wholesalers due to wholesale bypass. In 2012-13, industry revenue is forecast to contract by 1.9%.
Prices in the industry have also been negatively affected by falling prices for exports as the domestic market competes against export markets for supply... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Fish Wholesaling industry in Australia is considered to be declining due to its falling contribution to economic activity, contraction in establishments and little technological change. Industry value added is anticipated to increase marginally by an annualised 0.9% over the 10 years through 2017-18. In contrast, the overall Australian economy is expected grow at an annualised 2.4% over the corresponding period, which suggests the industry accounts for a declining portion of the overall economy.
Wholesale bypass has added to the industry's problems with major retailers sourcing stock directly from fishmongers and seafood processors. This has caused the number of industry establishments to decline over the past five-year period... purchase to read more