Industry Analysis & Industry Trends
The industry's port operations vary from general cargo and container ports located near major population centres to remote bulk commodity operations near mining sites. The industry depends on international trade, with merchandise imports and bulk commodity exports key drivers of industry activity.
As more cargo has moved through Australia's ports in the past five years, operators have invested in expanding port facilities and found themselves in a position to raise rates to fund these expansions. The industry has grown robustly in the past five years, at a compound annual rate of 9.6%. In 2014-15, industry revenue is forecast to increase by 5.0% to $3.3 billion... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Port Operators industry is in the growth stage of its life cycle. This is primarily due to strong gains in merchandise trade and the surge in Australia's commodity exports. The industry's contribution to the economy is expected to grow at a compound annual rate of 6.4% over the 10 years through 2019-20, outperforming compound annual growth in the Australian economy of 2.7%. This means the industry is expanding faster than the economy, which is a characteristic of a growing industry.
The industry is undergoing reform to comply with world best practices. Port operators are experiencing steady revenue growth, and new mines and natural gas production facilities in Western Australia and Queensland have increased investment in port facilities in those areas of the country... purchase to read more