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Manufacture and Distribution of Gas in Australia: ISIC 402

Australian gas distribution market expanded by 12% annually during 2000 to 2010


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2014-04-02 05:26:03 - Manufacture and Distribution of Gas in Australia: ISIC 402 - a new market research report on companiesandmarkets.com

The Australian manufacture and distribution of gas grew by 12% annually over 2000-2010 and has favourable long-term prospects due to Australia´s vast natural gas reserves. Growing by a net 175% over the decade, the Australian market reached a value of A$6.5 billion in 2010.

In terms of growth dynamics, the market saw a notable 50% year-on-year increase in 2008, followed by an 18% year-on-year decline the next year, as global oil and gas prices influenced prices in Australia´s domestic market. Businesses represented the largest customer group for gas throughout the decade, accounting for an 82% value share of the buyers´ market in 2010.

Households accounted for the remaining 18% value share. In total, the customer base includes approaching four million households

 

 

and businesses.

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