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Grain Storage in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Grain Storage Market Research Report | ANZSIC I5301 | Jul 2014

Counting grains: A drop in the world price of wheat is expected to contain industry revenue

IBISWorld’s Grain Storage market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 10-15
7.3%
Annual Growth 15-20
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Profit
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Employment
7,936
Businesses
139
Industry Analysis & Industry Trends

The Grain Storage industry has performed strongly over the past five years due to plentiful crop yields and improving weather conditions. Massive harvests in 2010-11 and 2011-12 assisted industry performance, as demand for grain storage facilities increased significantly over this period. Weather conditions have fluctuated dramatically over the past five years. Initially, drought conditions changed to years of record rainfall, which then resulted in floods that damaged and destroyed grain crops. Weather conditions have since improved, resulting in more stable crop yields and consistent revenue growth. Industry revenue is estimated to rise at a compound annual 7.3% over the five years through 2014-15... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Grain Storage industry is in the growth stage of its economic life cycle. Industry value added (IVA) is used to measure an industry's contribution to the overall economy. IVA is forecast to increase at an annualised 3.7% over the 10 years through 2019-20. The industry is therefore expected to outperform the overall economy, which is forecast to grow at a compound annual 2.7% over this period. Over the past five years, the number of enterprises has increased and businesses have opened more establishments, which are trends indicative of a growing industry.

The industry's growth phase reflects growing demand for industry services from upstream grain growers and downstream grain exporters, rather than the development of new services and expansion into new markets... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Grain Storage Industry?

The industry consists of companies that primarily store cereal grains. Following crop harvest, grain handlers receive and sort grain according to its use and protein content. Grain is then dispatched as required, either for domestic consumption or export.

Industry Products
Wheat used for millingWheat used for feedBarley used for maltingBarley used for feedOats, triticale and sorghumOilseeds
 
Industry Activities
Grain elevator operationGrain silo operationGrain storage


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