2014-02-07 04:59:02 - Forestry in Australia: ISIC 02 - a new market research report on companiesandmarkets.com
Throughout the review period of 2000-2010, the Australian market for forestry increased at an average annual rate of 7%, while on-going enhancement of Australia´s international competitiveness in growing and processing forest resources represented the key to maintaining a dynamic, flexible and growing forestry and forest products industry that continues to deliver economic benefits.
The total market size for forestry products and services amounted to A$2.6 billion in 2010, while the corresponding number in 2000 was A$1.4 billion, thus the market expanded by net 86% over the review period. Business-to-business buyers represented the largest buyer group and comprised 92% of the overall market value in 2010.
The value of business purchases grew 85% over the review period. The second-largest buyer was government, accounting
for 7% of market value, expanding 69% over the review period, while households played only a marginal role.
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