Slim pickings: Ongoing demand from agriculture markets has aided industry revenue growth
The performance of the Agricultural and Construction Machinery Wholesaling industry has varied in recent years. Wide demand fluctuations from the Construction division have affected construction machinery sales. On the other hand, generally favourable demand from agriculture markets has supported the performance of many agricultural machinery wholesalers. The industry's recent performance was adversely affected by the outbreak pandemic and the subsequent slump in demand from the local building market and key agriculture and forestry export markets, contributing to industry revenue falling at an annualised 0.1% over the five years through the end of 2022-23 to an estimated $4.1 billion.
Industry operators wholesale agricultural machinery and implements, earthmoving machinery and other construction machinery and equipment. The industry also wholesales parts for this equipment.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry's key players and their market shares.
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- C B Norwood Distributors Limited
Methodology
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