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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 | Jan 2015

Grain gains: Strong grain yields have boosted demand for industry services

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
5.9%
Annual Growth 15-20
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Profit
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Employment
7,258
Businesses
128
Industry Analysis & Industry Trends

The Grain Storage industry has performed strongly over the past five years due to plentiful crop yields and two years of record rainfall. Massive harvests in 2010-11 and 2011-12 assisted industry performance, as demand for grain storage facilities increased significantly in these two years. Weather conditions have also fluctuated dramatically over the past five years. Initially, drought conditions changed to years of record rainfall, which resulted in both bumper harvests and damaged and destroyed grain crops in different areas. Weather conditions have since improved, resulting in more stable crop yields and steadier revenue growth.

Industry revenue is projected to rise at a compound annual rate of 5.9% over the five years through 2014-15... purchase to read more

Industry Report - Industry Analysis Chapter

Over the past five years, industry revenue has grown due to increasing grain production volumes, rising wheat prices and two years of record rainfall. Larger grain yields result in greater demand for industry services, as more grain needs to be stored. World wheat prices affect industry performance, as a large proportion of grain stored by the industry is wheat. Greater wheat prices typically result in wheat growers planting more crops, as they can generate more revenue per acre sown. This trend also results in greater demand for grain storage facilities. Annual rainfall levels influence industry performance, as more rainfall generally creates greater production volumes. However, extreme rainfall can cause floods, which can damage grain crops and decrease yields... 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 storage servicesGrain silo operationGrain elevator operation


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