Industry Analysis & Industry Trends
Operators in the Metal and Mineral Wholesaling industry have suffered from volatile metal and ore prices over the past five years, which have limited revenue growth. However, these fluctuations have been largely offset by higher volumes, minimising the effect on revenue. Demand and revenue growth have been mixed across different markets. Demand from commercial and industrial building construction for basic metal products, such as structural sections, has increased. In contrast, industry firms supplying other sectors, such as automotive manufacturers, have generally fared less well.
Industry revenue is expected to increase at an annualised 0.8% over the five years through 2016-17... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Metal and Mineral Wholesaling industry is in the mature phase of its life cycle. Industry value added, which is the industry's contribution to national GDP, is expected to increase at an annualised 1.4% over the decade through 2021-22. This is lower than Australia's GDP growth over the same period, which is forecast at an annualised 2.5%. Although there have been general declines in establishment numbers in the past five years, these are forecast to increase in the five years through 2021-22 as industry revenue increases at a stronger rate.
The industry primarily serves smaller firms, which includes buyers and sellers of metals and minerals. Larger metal and mineral producers tend to deal directly with metals and minerals processors, skipping the wholesaler... purchase to read more