Lighter load: Despite rising trade demand, declining general cargo volumes cause revenue to fall

Operators in the Stevedoring Services industry load and unload goods from ships at Australia's ports, mainly handling general and containerised cargo. Industry participants also operate sophisticated machinery and systems, and handle hazardous goods. Stevedores are a vital link in the supply chain between shippers, importers and exporters. As a result, the industry's performance depends on trends in Australian international trade. Domestic coastal trade is small compared with international sea trade and has a minimal effect on the industry.Demand from water freight transport has increased over the past five years, due to growth in merchandise imports and exports. Increased vehicle imports have also supported industry revenue over the period...read more.

Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 13-18
-2.1%
Forecast Growth 18-23
Profit
Employment
8,740
Businesses
97

Industry Threats & Opportunities

  • Declining general cargo volumes have offset water freight growth, causing industry revenue to fall
  • The increasing privatisation of Australian ports has firms concerned about port access and pricing
  • The construction of new port facilities has presents opportunities for new entrants
  • Industry Report - Industry Locations Chapter

    The distribution of industry enterprises reflects the port density in Australia. The states with the most ports tend to have the highest number of stevedoring enterprises. Capital city general cargo ports are home to a particularly high concentration of industry enterprises. More specifically, Australia's largest and busiest ports are located in Melbourne and Sydney. Combined, these ports handle approximately 67.5% of containerised cargo. High activity at Australia's major ports contributes to the high shares of industry revenue generated in Victoria, New South Wales and Queensland. South Australia is under-represented in the industry relative to its population. This is due to Flinders Port's monopoly over the operations in the Port of Adelaide. New...purchase to read more.

    Additional Insights for the Stevedoring Services Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Stevedoring Services Industry are

  • Economies of scale
  • Downstream ownership links
  • Access to the latest available and most efficient technology and techniques
  • IBISWorld analysts also discuss how external factors such as Demand from water freight transport and Total merchandise imports and exports in the Stevedoring Services industry impact industry performance..

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    What's in this report

    What is the Stevedoring Services Industry?

    Industry firms primarily load and unload containerised and automotive cargo from ships.

    Industry Products
  • Containerised stevedoring
  • General cargo stevedoring
  • Other services
  • Industry Activities
  • Ship loading or unloading services
  • Stevedoring
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from water freight transport
  • Total merchandise imports and exports
  • Days lost to industrial disputes
  • Consumer sentiment index

  • Current Performance
  • Structural changes
  • Declining revenue
  • Wage trends
  • Industry competition
  • Chart: Revenue Growth

  • Industry Outlook
  • Structural changes
  • Transport infrastructure
  • Table: Stevedoring Services Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Stevedoring Services Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Water Freight Transport

  • Key Selling Industries
  • Conveyor and Crane Manufacturing
  • Navigation, Towage and Services to Water Transport
  • Port Operators
  • Water Transport Terminals

  • Products & Services
  • Containerised stevedoring
  • General cargo stevedoring
  • Other services
  • Chart: Stevedoring Services Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Shipping companies
  • Chart: Major Market Segmentation for the Stevedoring Services Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Depreciation
  • Rent
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Stevedoring Services

  • Basis of Competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Stevedoring Services Industry

  • Industry Globalization
    Qube Holdings Limited, DP World Australia (Holding) Pty Ltd,
  • Table: Qube Holdings Limited - financial performance
  • Table: DP World Australia (Holding) Pty Ltd - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Stevedoring Services Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Stevedoring Services Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Break-Bulk Cargo
  • A form of general cargo that cannot be shipped in bulk.
  • Bulk Cargo
  • Cargo not suitable for transportation in containers, such as wheat, coal, oil and chemicals.
  • General Cargo
  • Non-containerised general freight.
  • Infrastructure Charges
  • Fees charged by stevedores to their customers for dropping off and collecting containers.
  • What Our Customers Say

    Why buy this report?

    The Stevedoring Services market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

    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 Stevedoring Services:
    • 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 Stevedoring Services 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 Stevedoring Services, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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