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 is expected to grow robustly over the five years through 20145 at a compound annual rate of 9.4%. In 2014-15, industry revenue is forecast to increase by 5.0% to $3.5 billion... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Port Operators industry has a medium level of concentration, with the top four players accounting for an estimated 45.6% of industry revenue in 2014-15.
Many foreign countries have high levels of ownership concentration in port and maritime industries, often due to government ownership of all major ports. A reason for Australia's more moderate concentration is the vast coastline and the distribution of population across three major eastern seaboard capital cities. Ownership of port operators has historically been held by state governments. The privatisation of some state-owned ports has allowed new entrants into the industry and reduced concentration. Additional fragmentation has been caused by the development of new ports by mining companies... purchase to read more