Industry Analysis & Industry Trends
Rising import penetration and soaring local operating costs have plagued the Fruit and Vegetable Processing industry over the past five years. Industry revenue is anticipated to fall by an annualised 0.7% over the five years through 2013-14. Relatively high local wages and overheads have increased the threat of relocating processing facilities offshore, as major players attempt to consolidate operations and lessen costs. Chronic supply-side issues hampered by adverse weather conditions have increased input prices, thereby undermining the competitiveness of local players. In 2013-14, industry revenue is forecast at $5.5 billion, which represents a 2.5% decrease on the previous year... purchase to read more
Industry Report - Industry Locations Chapter
Fruit and vegetable processing occurs in all Australian states, although Victoria and New South Wales contain the highest number of plants. Until recently, Victoria was the industry's premier state. However, industry rationalisation, especially in vegetable processing, has led to a decline in establishments operating in Victoria, and also in South Australia, Tasmania and Western Australia.
In August 2011, SPC Ardmona announced 150 job cuts and the closure of its Mooroopna operating facilities in the Goulburn Valley, VIC, because it could no longer compete with the influx of cheap imports brought on by the strong Australian dollar and the prevalence of private-label products... purchase to read more