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Countries covered: Australia
The Industry A0420 - Aquaculture in Australia ranks 360 out of 496 by industry turnover and its life cycle is in a decline phase, which means that the industry is generally growing at slower than the economy. Capital/labour intensity is medium and the uptake of new technology is medium. The industry's globalisation level is low and the trend is steady. The industry has a low level of exports, which means exports generate less than 5% of the industry's turnover. The industry has a low level of imports, which means imports generate less than 5% of the industry's domestic demand. The trend for exports is increasing and for imports it's increasing. The level of regulation is heavy and increasing and government assistance is high and increasing. This industry is forecast to have a strong average annualised growth rate over the next five years. A full analysis of each of the above conditions and more is available in every IBISWorld industry report! |
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