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Agriculture, Forestry and Fishing in AustraliaPublished by: IBISWorld Published: Jan. 22, 2004 - 40 Pages Table of ContentsDefinition Key Statistics Market Characteristics Industry Segmentation Industry Conditions Performance Industry Participants Key Factors Industry Outlook AbstractThis Division includes all units mainly engaged in 'Agriculture, Forestry and Fishing'. The term agriculture is used here in the broad sense to include the breeding, keeping or cultivation of all kinds of animal or vegetable life except forest trees and marine life. Forestry includes afforestation, harvesting and gathering of forest products. Fishing includes the catching, gathering, breeding and cultivation of marine life from ocean, coastal or inland waters. Hunting includes the catching or taking of all types of animal wildlife on land.Under the former Australian Standard Industry Classification system (ASIC) this industry was known as ASIC Division A, Agriculture, Forestry, Fishing and Hunting. The Industry A - Agriculture, Forestry and Fishing in Australia ranks 21 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 high and the uptake of new technology is medium. The industry's globalisation level is low and the trend is steady. The industry has a medium level of exports, which means exports generate between 5% and 25% 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 steady and for imports it's decreasing. The level of regulation is medium and decreasing and government assistance is medium and decreasing. 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! Get Full Details About This Report >> |
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