Livestock and Other Agricultural Supplies Wholesaling in Australia - Industry Market Research Report

Going to seed: Volatile weather and demand conditions have caused revenue to decline

The Livestock and Other Agricultural Supplies Wholesaling industry wholesales a range of goods, including livestock, hay crops, seeds and leather. Industry revenue from selling farm outputs, like hay and silage, raw sugar, leather, and nursery stock, has varied over the past few years due to local factors like rainfall, and varying global demand and supply conditions. Despite significant volatility, the prevailing recent trends of high average rainfall and soaring agricultural commodity prices have supported industry revenue growth. Overall, industry-wide revenue is expected to edge up at an average annualised 0.9% over the past five years, to total $20.9 billion in 2023-24, when revenue will drop by an anticipated 9.1%. As global supply and demand trends somewhat normalise, agricultural commodity prices are expected to begin trending downwards in 2023-24.

Industry operators wholesale livestock (including agent and brokering services), skins and hides, tallow, stock feed, farm supplies, and agricultural products (excluding wool, cereal grains, fruit, vegetables and dairy products). The industry includes wholesalers operated by marketing authorities, but excludes the wholesale of agricultural chemicals such as fertilisers and pesticides, fencing materials, veterinary drugs, machinery, and equipment.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry's key players and their market shares.