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 Analysis Chapter
Ports are the gateway for Australia's imports and exports. Imports come in the form of containerised merchandise and general cargo destined for Australia's retailers and wholesalers. Exports are dominated by the Mining division and are primarily transported from specialised bulk facilities in custom-built ships. The industry's operators are specialised to cater to their major markets, with container ports and hybrids often close to capital cities while bulk ports are close to areas of mining activity. The industry has performed robustly over the past five years, primarily due to strong growth in the value of total merchandise trade. IBISWorld expects that industry revenue will grow at a compound annual rate of 9.6% over the five years through 2014-15... purchase to read more