The market is dominated by domestic suppliers, as imports account for 1.5% of total market size in 2024. B2B drives market demand, with B2B spending representing 73.2% of total demand in 2024. Australia has the sixth largest market size for agriculture across the top 20 developed countries, with demand reaching USD114 billion in 2024. Queensland Cotton Corp Pty Ltd is the largest company in Australia, generating 2.6% of the industry’s total production value in 2024. The industry is fragmented, with the top three companies generating 5.9% of total production value in 2024. The total number of companies increases in 2024, to 220,965 units. The costs of the industry increase by 0.5% in 2024, largely driven by rising labour costs. The industry’s profitability increases and stands at 36.0% of production value in 2024, the 10th highest across the top 20 developed countries. The industry’s exports share decreases in 2024 to 16.1% of total production output. With production value of USD107 billion, Australia accounts for 77.9% of the Australasia total in 2024.
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Overview:
This Euromonitor industrial report provides unique information on Agriculture in Australia: ISIC 1. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Agriculture in Australia: ISIC 1 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
The Agriculture: ISIC 1 in Australia report includes:
- Five year forecasts on industry’s historic trends and growth
- Insights on key factors shaping industry’s historic and future performance
- Historic data on industry’s turnover, market size, imports and exports
- Detailed overview of industry’s supply and demand structure
- Analysis of competitive landscape changes within the industry
This report answers:
- What is the turnover of the Agriculture: ISIC 1?
- How the Agriculture: ISIC 1 will perform in the future?
- Which categories are driving industry's growth?
- Which factors will shape industry’s performance?
- What is the industry’s costs and demand structure?
- How profitable is the industry?
- Is industry’s competitive landscape concentrated or fragmented?
Agriculture in Australia: ISIC 1
HEADLINES
MARKET OVERVIEW
Agriculture: ISIC 1
Agriculture is an aggregation of farming of cattle, swine and pigs, sheep and other quadrupeds, poultry and other animals; growing of cereals and crops, fruits and vegetables; providing agricultural services and hunting.
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- Understand future opportunities and threats within the industry
- Track demand and supply structure
- Understand competitive landscape of the industry
- Inform market, strategy development and supply functions
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