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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 offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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 Analysis Chapter

Over the past five years, industry revenue has grown due to increasing grain production volumes, rising wheat prices and more favourable annual rainfall levels. 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 will result in wheat growers planting more crops, as they will be able to generate more revenue. This trend will create greater demand for grain storage facilities. Annual rainfall levels also influence industry performance, as more rainfall generally produces greater crop yields. However, extreme rainfall can result in floods, which can damage grain crops and decrease production volumes... 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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