Industry Analysis & Industry Trends
The Australian Fruit and Vegetable Processing industry has battled through difficult trading conditions over the past five years. The increase in cheap foreign imports, aggressive marketing of private-label products and chronic supply-side issues have hampered revenue growth. An appreciating Australian dollar, reduced domestic inputs due to adverse weather conditions and an increase in supermarkets' tendency to direct-source processed goods from overseas has driven import growth. Furthermore, the growing acceptance and marketing of private-label products has further intensified competition for the industry. Nevertheless, processors have responded to these challenges by importing raw food inputs and streamlining operations... purchase to read more
Industry Report - Industry Analysis Chapter
Over the past five years, the Fruit and Vegetable Processing industry has struggled to cope with the reduced availability of fruit and vegetables in the domestic market, rising imports and an increase in competition from private labels. Severe drought over the past decade, followed by flooding across eastern Australia in 2011, reduced the availability of horticultural inputs. Input costs rose and profit margins were squeezed, particularly in 2009-10, the final year of the drought, and 2010-11, the year of heavy rainfall and flooding. Local operators lost market share to imports, which have become cheaper due to the appreciation of the Australian dollar... purchase to read more