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 announced expansion plans and found themselves in a position to raise rates to fund them. The industry has grown robustly in the past five years, at a forecast compound annual rate of 6.8%. In 2013-14, industry revenue is forecast to increase by 2.4% to $3.0 billion. Over the past 10 years, the expansion in the Mining division has propelled revenue in the Port Operators industry to new heights... purchase to read more
Industry Report - Industry Locations Chapter
States with high levels of commodities export activity have a higher concentration of port operators, as ports are generally near mineral deposits to minimise transport and handling costs. The large number of ports in Queensland and Western Australia directly relate to mineral exports, thus ports are close to mine sites. Queensland for example, is the largest exporter of coal through the Port of Gladstone. Furthermore, Queensland boasts the Port of Brisbane facility, while Fremantle in Western Australia is a growing container port.
In addition, in Western Australia, Port Hedland and Dampier are growing ports as exports of iron ore and liquefied natural gas increase... purchase to read more