Port Operators in Australia Industry Market Research Report Now Updated by IBISWorld

The Port Operators industry has performed solidly over the past five years. The primary driver of this growth has been strong growth in the value of total merchandise trade. The value of merchandise trade exports has grown faster than the value of merchandise trade imports because of high demand for commodity exports. As more cargo moved through Australia's ports, the industry gained more opportunities to charge for its port services. For these reasons, industry research firm IBISWorld has updated its report on the Port Operators industry in Australia.

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IBISWorld Market Research

IBISWorld Market Research

A strengthening economy will boost demand for imports and exports, which will support industry revenue growth

Melbourne, Australia (PRWEB) September 07, 2012

Strong growth in the value of total merchandise trade has been the primary driver behind the Port Operators industry's solid performance over the past five years. The value of merchandise trade exports has grown faster than the value of merchandise trade imports because of high demand for commodity exports. As more cargo moved through Australia's ports, the industry gained more opportunities to charge for its port services. Therefore, bustling activity in trade to and from Australia led solid growth in port operator revenue over the past five years. According to IBISWorld industry analyst Caroline Finch, “IBISWorld forecasts compound annual revenue growth of 2.3% over the five years through 2012-13”. In the current year, the industry is expected to grow 7.0% to reach $3.39 billion.

The Port Operators industry has a medium level of industry concentration, and the major players in the industry are North Queensland Bulk Ports Corporation Limited, Gladstone Ports Corporation Limited, Port of Melbourne Corporation, Sydney Ports Corporation and Fremantle Port Authority. In the past five years, industry operators have expanded facilities and sacrificed the profit margins that come with full capacity utilisation to do so. Purchase costs and depreciation have also increased due to this expansion. “Construction is ongoing at the nation's ports, which positions the industry well to grow in the five years through 2017-18,” Finch adds.

In the five years to 2017-18, robust Port Operators industry revenue growth will stem from continued rapid growth in total merchandise imports and exports. The increase in import and export cargo moving through Australia's ports will enable port operators to charge for more port services. Continued rapid development in emerging economies and ongoing expansion in the Mining division will drive the increased trade volumes at Australia's ports. Reform and investigations into waterfront activity and competition policy reforms are anticipated to improve productivity. Worldwide trends towards market liberalisation and the establishment of free trade agreements will bolster industry growth. However, increasing oil prices and their impact on the costs and potentially volumes of international trade will remain a concern for port operators.

For more information, visit IBISWorld’s Port Operators report in Australia industry page.

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IBISWorld industry Report Key Topics

Operators in this industry maintain and lease port facilities used in the land-sea transition of goods and passengers.

Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
International Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalisation
Major Companies
Operating Conditions
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
Key Statistics
Industry Data
Annual Change
Key Ratios

About IBISWorld Inc.
Recognised as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every Australian industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Melbourne, IBISWorld serves a range of business, professional service and government organisations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com.au or call (03) 9655 3886.


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