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Australia water transport market dominated by international imports and exports, accounting for 90% of trade movement
Water Transport in Australia: ISIC 61 - a new market research report on 2014-04-02 05:48:02
Over the review period of 2000-2010, the Australian market for water transport increased by 20% to reach a value of A$4.5 billion. The market was not characterised by constant growth. In fact, despite globalisation and intensifying international trade, over 2002-2006 it contracted by 34% and took four years to reach the size seen in 2002.
The main buyer group was households, which accounted for an average 45% share of the total market throughout the decade. With an average 4% growth rate it reached a value of A$2.1 billion in 2010.
B2B purchases accounted for 42% of the total market in 2010, down three percentage points compared with 2000. As an island nation, maritime transport is a highly important industry to Australia, with over 90% of international imports and exports freighted by sea from 38 commercial ports operating around Australia.
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