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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 2016

Grain waves: Revenue volatility caused by weather conditions may be mitigated by a weaker dollar

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
$2bn
Annual Growth 11-16
0.1%
Annual Growth 16-21
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Profit
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Employment
6,450
Businesses
116
Industry Analysis & Industry Trends

On the surface, the Grain Storage industry appears to have performed poorly over the past five years. Industry revenue is forecast to grow at a marginal 0.1% annualised over the five years through 2015-16, to total $2.4 billion. However, this is not reflective of the volatility that has occurred in the industry over the past five years. Fluctuating grain production, due to changing rainfall levels, shifting wheat prices and movements in the Australian dollar have influenced industry demand and therefore earnings. Record rainfall levels and resulting increased grain harvests in 2010-11 contributed to 22.7% revenue growth for that year. This created a high base year and skewed the industry's revenue growth figure for the five-year period... purchase to read more

Industry Report - Starting a New Business Chapter

High barriers to entry characterise the industry and this trend has remained steady over the past five years. The greatest barrier to overcome for any potential entrant is the ability to attract growers away from bulk handling companies. The relationships that exist between growers and grain storage providers tend to be extremely well established and long standing. GrainCorp is one major player indicative of this trend. Even if entrants can demonstrate that they have substantial backing from growers to provide alternative storage services, new firms may be unable to overcome the high initial capital costs associated with building these facilities... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Grain Storage Industry?

The industry consists of companies primarily engaged in storage of 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 stockfeed and human consumptionOats, triticale and sorghumOilseeds
 
Industry Activities
Grain storage servicesGrain silo operationGrain elevator operation


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