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Mining in Australia: Market Research Report

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

Mining Market Research Report | ANZSIC B | Sep 2016

Bogged down: Increased output has caused prices to decline, hurting division revenue

IBISWorld’s Mining 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
Market Share of Companies
Industry Statistics & Market Size
Annual Growth 12-17
Annual Growth 17-22
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Industry Analysis & Industry Trends

Australia has a large supply of mineral, hydrocarbon and non-mineral reserves, which the Mining division extracts, processes and sells. These reserves are often of a high quality and close to the earth's surface, enabling Australia's Mining division to be price-competitive on a global scale. The division is export-oriented, with exports expected to account for over two-thirds of revenue in 2016-17. Division exports are projected to account for around three-quarters of revenue by 2021-22, on the back of a forecast increase in natural gas exports.

The division's performance depends on pricing, the value of the Australian dollar, and global trends in supply and demand for commodities. As new supply takes years to develop, division operations are generally cyclical... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Mining division is currently in a decline phase of its economic life cycle, following commodity pricing falls only partly offset increased investment to expand production. Despite major yearly fluctuations, the Mining division's share of total economic output is projected to remain largely stable in the decade through 2021-22. Over these years, the division's value added (the contribution to national GDP) is expected to decrease at a compound annual rate of 1.0%. This is in contrast to the projected compound annual growth rate of Australia's national GDP growth of 2.6% over the same period. This indicates that the Mining division's contribution to the overall economy is decreasing... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Mining Industry?

The Mining division includes all operations that mainly extract minerals or hydrocarbons (oil and gas), explore for minerals or hydrocarbons, and provide a variety of services to firms engaged in these activities.

Industry Products
Coal miningOil and gas extractionOther metal ore miningIron ore miningNon-metallic mineral mining and quarryingExploration and other mining services
Industry Activities
Coal miningOil and gas extraction and miningMetal ore miningNon-metallic mineral ore miningOther mineral mining and quarryingServices to miningMining exploration servicesContract and mining support services

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