Sheep Farming in Australia - Market Research Report

Sheep Farming industry trends (2014-2019)

poll Average industry growth 2014–2019: -1.4%

The Sheep Farming industry has displayed strong growth over the past five years, despite variations in turn-off rates and wool production volumes. Rising demand for wool and downstream sheep meat from export markets has stimulated strong price growth for both wool and sheep meat, which has boosted livestock prices at the farm gate. Operators have increasingly focused on export markets to expand revenue over the period. Industry revenue is expected to grow at an annualised 9.0% over the five years through 2018-19, to reach $4.6 billion. However, this result is slightly skewed by a low base year in 2013-14, when both wool and lamb prices were recovering from a sharp fall in the previous year. Revenue is expected to rise by 2.8% in 2018-19 due to rising...
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Sheep Farming 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.

External factors will largely determine the Sheep Farming industry's fortunes over the next five years. Demand from international markets will influence the industry's performance and affect saleyard prices. This trend is particularly true for wool, as export revenue is important for wool producers. Relying on favourable external conditions is expected to cause financial hardship for many sheep farmers that operate on thin margins. Consequently, enterprise numbers are projected to decline over the next five years. However, the presence of numerous family farms will keep declines to a minimum. Industry revenue is forecast to grow at an annualised X.X% over the five years through XXX-XX, to reach $X.X billion. This forecast is based on rainfall remaini...
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Sheep Farming industry statistics

  • attach_money Market Size: $5bn
  • business Number of Businesses: 11,233
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 18,472

Biggest companies in the Sheep Farming industry

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

What is Sheep Farming industry?

Industry Definition

The industry consists of farms that primarily undertake sheep farming. Sheep are farmed for their meat and wool.

Industry Products and Services

  • Wool
  • Lambs for slaughter
  • Sheep for slaughter
  • Sheep for live export
  • Sheep and lambs for breeding and stocking

Industry Activities

  • Prime lamb raising
  • Sheep farming
  • Wool growing
  • Sheep agistment
  • Raw sheep milk production

Market research report - table of contents

Industry Definition

The industry consists of farms that primarily undertake sheep farming. Sheep are farmed for their meat and wool.

Main Activities

  • Prime lamb raising
  • Sheep farming
  • Wool growing
  • Sheep agistment
  • Raw sheep milk production

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

Domestic wool prices, which are influenced by global wool prices, heavily affect revenue for sheep farmers that focus on wool production. Rising wool pric...
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Domestic price of wool
Domestic price of lamb
Level of annual rainfall
Trade-weighted index

Current Performance

Importance of trade
Fluctuating profit margins
Keeping it in the family
 Chart: Revenue Growth

Industry Outlook

Productivity push
Tech-savvy farmers
 Table: Sheep Farming in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

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

Supply Chain

Key Buying Industries

Meat Processing in Australia
Wool Wholesaling in Australia





Key Selling Industries

Shearing, Cropping and Agricultural Support Services in Australia
Livestock and Other Agricultural Supplies Wholesaling in Australia
Veterinary Services in Australia
Agribusiness in Australia
Organic Farming in Australia


Products & Services

Although most farms produce a mix of lambs and sheep, operators often focus on either meat or wool production. In general, increasing the scale of slaught...
Meat processors
Other farmers
Live sheep export markets



Demand Determinants

Demand for the industry's products primarily stems from wool exporters and domestic meat processors. In turn, downstream demand for sheep meat and wool us...
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Major Markets

Meat processors
Other farmers
Live sheep export markets




 Chart: Major Market Segmentation for the Sheep Farming in Australia - Market Research Report Industry

International Trade

Business Locations

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

Market Share Concentration

As with most agricultural industries, the Sheep Farming industry is highly fragmented. Although numerous large operators exist, no single producer account...
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Key Success Factors

Cost Structure Benchmarks

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

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Sheep Farming in Australia - Market Research Report Industry

Industry Globalization

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

Capital Intensity

The Sheep Farming industry is highly capital-intensive. For every dollar invested in capital across the industry, an estimated $0.51 is paid as wages. How...
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 Chart: Level of Capital Intensity for the Sheep Farming 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 Sheep Farming in Australia Industry

Industry Revenue (2007-2025)
Industry Gross Product (2007-2025)
Establishments (2007-2025)
Businesses (2007-2025)
Employment (2007-2025)
Exports (2007-2025)
Imports (2007-2025)
Wages (2007-2025)
Domestic Demand (2007-2025)

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, %

IMPUTED WAGE

MELIOIDOSIS

STOCKFEED

TURN-OFF RATE

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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 Sheep Farming industry?

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This report on Sheep Farming 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 Sheep Farming 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

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