The Citrus, Banana and Other Fruit Growing industry has struggled with the increasing incidence of adverse weather conditions over the past five years, including drought, Cyclone Yasi in 2011 and record flooding across Australia's eastern states in 2010-11. Nonetheless, industry revenue is expected to grow by 3.4% over the five years through 2012-13. Many farmers were able to replant crops soon after the wet conditions of 2010-11. The industry also benefited from growth in overall fruit consumption in Australia. Revenue is expected to grow by 7.8% in 2012-13, reaching $2.4 billion.
This industry includes farmers that grow bananas, pineapples, citrus fruit, tree nuts and other fruit.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.