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Grain Mill Products in Australia: ISIC 1531

Australia grain mill market attained revenues of A$1.8Bn in 2010


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2014-02-07 05:22:02 - Grain Mill Products in Australia: ISIC 1531 - a new market research report on companiesandmarkets.com

The Australian grain mill products market grew consistently and expanded by a net 78% during the review period from 2000 to 2010. On average, the grain mill products market expanded by 6% per annum, with year-on-year growth as high as 11% in 2009 and as low as -1% in 2006. Overall, in 2010 the market was valued at A$1.8 billion.

The major customer demand comes from households. In both 2000 and 2010, households accounted for slightly less than 60% of value. In nominal terms, their spending expanded by 79%. The second major buyer type is businesses. During the review period, businesses represented 41% of value. Overall, shares of both buyers were rather stable during the review period while import penetration was

 

 

only marginal. Local producers of grain mill products are highly dependent on the price of the inputs they use.

In addition, although Australia has a relatively large grain producing industry, in world terms it is minor. Australia cannot thus influence world prices.

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