Industry Analysis & Industry Trends
The Rock, Limestone and Clay Mining industry is estimated to generate revenue of $3.4 billion in 2013-14, up from $3.3 billion in 2008-09 at an annualised 0.8% for the five years. Industry revenue is expected to expand by 3.2% in 2013-14, building on the gains of the previous two years. This growth reflects the expected pick up in construction and building activity and growing demand for rock, stone and clay. Total construction activity has increased due to growth in infrastructure development, residential unit construction and road construction projects that use industry products. Despite this large gain, growth for the five years through 2013-14 is expected to be low due to a sharp decline in 2009-10 and a small fall in 2010-11.
The industry produces a wide range of products... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Rock, Limestone and Clay Mining industry is in the mature phase of its life cycle. Value added growth, which is the industry's contribution to national GDP, is estimated to increase at an annualised 2.1% over the decade through 2018-19. This is slightly lower than estimated GDP growth over the same years of 2.5% each year on average. Further, volumes within one of the main product segments, crushed rock and stone, are estimated to increase at an annualised 1.5% over the five years through 2013-14, while industry revenue will increase at a slower 0.8% per annum on average over the same five years.
In addition to low and moderate industry growth, industry products are well-known and have only changed slightly in the past five years... purchase to read more