The Grain Storage industry has performed strongly over the past five years due to plentiful crop yields and two years of record rainfall. Massive harvests in 2010-11 and 2011-12 assisted industry performance, as demand for grain storage facilities increased significantly in these two years. Weather conditions have also fluctuated dramatically over the past five years. Initially, drought conditions changed to years of record rainfall, which resulted in both bumper harvests and damaged and destroyed grain crops in different areas. Weather conditions have since improved, resulting in more stable crop yields and steadier revenue growth.
The industry consists of companies that primarily store cereal grains. Following crop harvest, grain handlers receive and sort grain according to its use and protein content. Grain is then dispatched as required, either for domestic consumption or export.
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.