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
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