Industry Analysis & Industry Trends
Grain is one of Australia’s most valuable agriculture products. Wholesalers play a major role in the distribution of grain from farmers to end markets, both domestically and internationally. Over the five years through 2015-16, industry revenue is forecast to grow by an annualised 4.2% to reach $16.5 billion. Industry revenue is anticipated to fall by 3.5% in 2015-16. This is due to falling world wheat prices and slowing demand growth from grain producers. Although industry profit has fluctuated over the past five years, it has generally trended upwards.
Industry revenue volatility is high. The supply of cereal grains from the Grain Growing industry is the most important factor affecting wholesalers’ revenue... purchase to read more
Industry Report - Industry Locations Chapter
The Cereal Grain Wholesaling industry is concentrated in Victoria, New South Wales and Queensland. These states are estimated to account for almost 80.0% of industry establishments. The negligible shares held by Tasmania and the Australian Capital Territory reflect the limited grain growing activities in these areas. Over the past five years, the proportion of grain wholesalers in New South Wales has declined marginally, but numbers have increased for Victoria, Queensland and Western Australia.
The rise in enterprise numbers in Western Australia is surprising given that production volumes for the state have almost halved over the past five years, due to the crippling effect of the drought across the Western Australian wheat belt... purchase to read more