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Grain Storage in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Grain Storage Market Research Report | ANZSIC I5301 | Dec 2016

Against the grain: Volatile rainfall and wheat prices have contributed to revenue declines

IBISWorld’s Grain Storage market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 12-17
-2.1%
Annual Growth 17-22
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Profit
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Employment
6,642
Businesses
126
Industry Analysis & Industry Trends

Operators in the Grain Storage industry have struggled over the past five years. Industry revenue is forecast to fall at an annualised 2.1% over the five years through 2016-17, to total $2.4 billion. However, this result is not reflective of the volatility that many industry operators have experienced over the past five years. Shifting wheat prices, movements in the Australian dollar and fluctuating grain production due to changing rainfall levels have influenced industry demand and therefore earnings. Additionally, a record national grain harvest during 2011-12 created a high base year and skewed the industry's revenue growth figure for the five-year period. Industry revenue is forecast to contract 5.2% during 2016-17, due to reduced demand from grain growers for storage services... purchase to read more

Industry Report - Industry Investment Chapter

The industry exhibits a moderate level of capital intensity. In 2016-17, for every $1.00 spent as wages, an estimated $0.31 is invested in capital. Capital expenditure is required to build silos, other storage facilities, elevators and conveyor belts. Purchasing land and large properties such as storage sheds also contribute to capital costs, although many grain storage providers rent these facilities to reduce their capital requirements.

Labour is used to operate and maintain loading and unloading equipment. Employees are also required to complete management, pest control, and grain segregation and classification tasks. The industry uses casual and seasonal labour due to volatile demand for services and revenue... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Grain Storage Industry?

Industry firms primarily store cereal grains. Following crop harvest, grain handlers receive and sort grain according to its use and protein content. Grain is then dispatched as required, either for domestic consumption or export.

Industry Products
Wheat used for millingWheat used for feedBarley used for maltingBarley used for stockfeed and human consumptionOats, triticale and sorghumOilseeds
 
Industry Activities
Grain storage servicesGrain silo operationGrain elevator operation


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