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 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 Western Australia, Port Hedland and Dampier are growing rapidly as exports of iron ore and liquefied natural gas increase. Victoria and New South Wales possess Australia's two largest container ports (Port of Melbourne and the Port of Botany)... purchase to read more