Industry Analysis & Industry Trends
The Port Operators industry operates general cargo and container ports, which are generally located near major population centres or near mining sites for remote bulk commodities. The industry depends on international trade, and merchandise imports and bulk commodity exports are key drivers of revenue. As more cargo has moved through Australia's ports over the past five years, industry operators have invested in expanding port facilities, and have raised rates to fund these expansions. Industry revenue is expected to grow at a compound annual rate of 4.7% over the five years through 2016-17. In 2016-17, revenue is forecast to increase by 5.6%, to reach $3.0 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 5.8% over the 10 years through 2021-22, outperforming the projected compound annual GDP growth of 2.6% over the same period. This means the industry is expanding faster than the wider economy, which is a characteristic of a growing industry.
Government operators are privatising port operations in a bid to increase efficiency and spur capital investment into the expansion of port facilities. The greater need for capacity expansion is due to the expectation of continued growth in international trade... purchase to read more