Industry Analysis & Industry Trends
Over the past five years, the Olive Growing industry has grown from a low base due to disastrous weather conditions caused by drought. In 2009-10 alone, industry revenue plummeted 24.0% as the hot dry climate wreaked havoc on olive plantations. As a result, industry revenue has grown at an annualised 2.9% over the five years through 2014-15. Despite the industry growing steadily overall, the absence of a strong rebound following the official end of the drought in 2012 is a troubling concern for domestic olive growers. Many boutique growers are expected to have begun olive planting as a means to diversify the income earned by their farms. However, over the past five years, smaller olive growers have scaled down capacity due to adverse weather conditions... purchase to read more
Industry Report - Industry Investment Chapter
The Olive Growing industry exhibits low levels of capital intensity. Similar to other crop farming sectors of the agricultural sector, olive growers demonstrate a low level of reliance on capital, with minimal machinery or automation required for planting and growing olives. The majority of the tasks performed within the industry are carried out by labour, such as planting olive trees, pruning, checking plants for pests and applying pesticides and fertilisers.
IBISWorld estimates that for every $1.00 paid as wages, only $0.10 is required for investment into capital... purchase to read more