Rice Growing in Australia - Market Research Report

Rice Growing industry trends (2014-2019)

poll Average industry growth 2014–2019: -38.2%

The amount of water operators in the Rice Growing industry can access influences production, as rice is a water-intensive crop. Therefore, the level of annual rainfall and water availability are key determinants of industry performance. Rice growers' reliance on rainfall is reflected in the industry's projected performance over the two years through 2019-20. Industry output and revenue are expected to be negligible over this period, as severe drought in the Murray-Darling Basin (the Basin), which hosts most industry establishments, has forced farmers out of the industry. This decline follows a sharp revenue increase in 2016-17, when above-average rainfall allowed farmers to produce a bountiful crop. In weight terms, the national rice crop declined by...
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Rice Growing industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

The Rice Growing industry's revenue is forecast to return to growth over the next five years. Rice production is anticipated to grow significantly over the two years through XXX-XX, assuming annual rainfall over the eastern states returns to a relatively normal pattern. However, water extraction restrictions in the Murray-Darling Basin (the Basin) are likely to limit irrigation water supplies over the next five years, constraining revenue growth. In addition, wide profit margins in the Cotton Growing industry are anticipated to prompt some rice farmers to move to cotton crop growing over the period, constraining rice growers' revenue growth. Revenue, production and profitability Rice production is anticipated to rise over the next five years, as dr...
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Rice Growing industry statistics

  • attach_money Market Size: $27m
  • business Number of Businesses: 113
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 282

Biggest companies in the Rice Growing industry

The Rice Growing in Australia industry has no companies with major market shares. Get the full report to find out why.

What is Rice Growing industry?

Industry Definition

Operators in the industry grow rice, which is sold to millers for processing. The product is generally then onsold to retailers, wholesalers, food processors and food-service establishments to reach the final consumer.

Industry Products and Services

  • Short-grain rice
  • Medium-grain rice
  • Long-grain rice
  • All Others

Industry Activities

  • Rice growing

Market research report - table of contents

Industry Definition

Operators in the industry grow rice, which is sold to millers for processing. The product is generally then onsold to retailers, wholesalers, food processors and food-service establishments to reach the final consumer.

Main Activities

  • Rice growing

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

Revenue for the Rice Growing industry relies on production. Rice production is highly volatile, with a range of external factors affecting harvest volumes...
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Rice production
Availability of water
Level of annual rainfall
Demand from cereal grain wholesaling

Current Performance

Consumer demand and profit
Ricegrowers Limited
 Chart: Revenue Growth

Industry Outlook

Genetic modification
 Table: Rice Growing in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Rice Growing in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Flour and Grain Mill Product Manufacturing in Australia
Grain Storage in Australia





Key Selling Industries

Shearing, Cropping and Agricultural Support Services in Australia
Agricultural Machinery Manufacturing in Australia
Water Supply in Australia
Heavy Industry and Other Non-Building Construction in Australia



Products & Services

All rice varieties are tailored specifically for the Australian climate. Rice researchers, including Rice Research Australia Pty Ltd, test new rice variet...
Animal feed wholesalers and retailers
Other markets




Demand Determinants

Due to the nature of the industry, production volumes entirely determine industry demand. Most rice grown in the industry by individual farms is sold to t...
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Major Markets

Animal feed wholesalers and retailers
Other markets





 Chart: Major Market Segmentation for the Rice Growing in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The Rice Growing industry exhibits low market share concentration. The industry is highly fragmented, with most players being individual farms. As a resul...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Rice Growing in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Rice Growing in Australia - Market Research Report Industry

Industry Globalization

The Rice Growing in Australia industry has no major companies. Get the full report to find out why.

Capital Intensity

The Rice Growing industry is highly capital-intensive. For every dollar spent on capital, an estimated $1.81 is spent on wages. Individual rice growers, l...
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 Chart: Level of Capital Intensity for the Rice Growing in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Rice Growing in Australia Industry

Industry Revenue (2007-2026)
Industry Gross Product (2007-2026)
Establishments (2007-2026)
Businesses (2007-2026)
Employment (2007-2026)
Exports (2007-2026)
Imports (2007-2026)
Wages (2007-2026)
Domestic Demand (2007-2026)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

PRECISION FARMING

SUSTAINABLE DIVERSION LIMITS (SDLS)

YIELD

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

Why buy this report on the Rice Growing industry?

IBISWorld industry market research reports enable you to:

  • Find out about key industry trends
  • Identify threats and opportunities
  • Inform your decisions for marketing, strategy and planning
  • Quickly build competitive intelligence

This report on Rice Growing in Australia:

  • Provides Market Size information to assist with planning and strategic decisions.
  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
  • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
  • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.

The Rice Growing in Australia market research report includes:

  • Historical data and analysis for the key drivers of this industry
  • A five-year forecast of the market and noted trends
  • Detailed research and segmentation for the main products and markets
  • An assessment of the competitive landscape and market shares for major companies
  • And of course, much more

IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Rice Growing in Australia, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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