The past five years have been tough for pig farmers. Industry revenue is projected to post compound annual growth of 0.2% over the five years through 2014-15. The industry has suffered heavily from strong growth in cheap pig meat imports. The high Australian dollar over much of the past five years has aided import growth and has reduced downstream domestic demand from ham and smallgoods manufacturers. Rising input costs over the period, including feed and utilities, also hit profit margins for many operators. This combination of factors has caused some farmers to exit the industry.
This industry consists of establishments mainly engaged in farming pigs.
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.