The report indicates that strong growth in the value of total merchandise trade has been the primary driver behind the port operators industry\’s solid performance over the past five years. The value of merchandise trade exports has grown faster than the value of merchandise trade imports because of high demand for commodity exports.
As more cargo moved through Australia\’s ports, the industry gained more opportunities to charge for its port services. Therefore, bustling activity in trade to and from Australia led solid growth in port operator revenue over the past five years.
The port operators industry has a medium level of industry concentration, and the major players in the industry are North Queensland Bulk Ports Corporation Ltd, Gladstone Ports Corporation Ltd, Port of Melbourne Corporation, Sydney Ports Corporation and Fremantle Port Authority.
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