Industry Analysis & Industry Trends
The Port Operators industry provides general cargo and container ports generally located near major population centres or remote bulk commodity operations near mining sites. The industry depends on international trade, with merchandise imports and bulk commodity exports key drivers of revenue. As more cargo has moved through Australia's ports over the past five years, operators have invested in expanding port facilities, raising rates to fund these expansions. Industry revenue is expected to grow at a robust compound annual rate of 9.4% over the five years through 2014-15. In 2014-15, revenue is forecast to increase by 5.0%, to $3.5 billion. Over the past 10 years, expanding output volumes from the Mining division have propelled industry revenue to new heights... 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 7.3% over the 10 years through 2019-20, outperforming compound annual growth in the Australian economy of 2.7%. This means the industry is expanding faster than the economy, which is a characteristic of a growing industry.
The industry is undergoing reform to comply with world best practices. Port operators are experiencing steady revenue growth, and new mines and natural gas production facilities in Western Australia and Queensland have increased investment in port facilities in those areas of the country... purchase to read more