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Countries covered: Australia
The Industry A0412 - Prawn Fishing in Australia ranks 477 out of 496 by industry turnover and its life cycle is in a growth phase, which means that the industry is generally growing at faster than the economy. Capital/labour intensity is low and the uptake of new technology is medium. The industry's globalisation level is low and the trend is steady. The industry has a high level of exports, which means exports generate more than 25% of the industry's turnover. The industry has a high level of imports, which means imports generate more than 25% of the industry's domestic demand. The trend for exports is decreasing and for imports it's increasing. The level of regulation is heavy and increasing and government assistance is medium and steady. This industry is forecast to have a decline 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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