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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 provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

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 Investment Chapter

The industry has a high level of capital intensity due to the high investment costs associated with infrastructure provision. In 2014-15, for every $1.00 spent as wages, an estimated $0.35 is invested in capital. Capital expenditure is required to build silos, other storage facilities, elevators and conveyor belts. Labour is used to operate and maintain the loading and unloading equipment. Employees are also required to complete management, pest control and grain segregation and classification tasks. The industry uses casual and seasonal labour due to volatile demand for services and revenue. This trend helps industry operators maintain relatively low wage costs as a proportion of revenue... 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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