Customs agents act on the behalf of third-party imports, wholesalers, retailers or exporters to ensure a smooth flow of goods through the nation's ports and airports. They are the gatekeepers. The industry's largest service is providing import clearance, which contributes about 85% of industry revenue. The strong Australian economy, strong retail spending and a record high Australian dollar all supported higher levels of imports. In the five years through 2011-12, imports grew an annualised 5.5%.The Customs Agency Services industry has grown steadily over the same period to be worth an estimated $3.19 billion, up an annualised 2.1%.
This industry comprises establishments that provide customs services.
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.