LONDON, Nov. 17, 2015 /PRNewswire/ -- Final Abstract: Australia is isolated from key international markets. Therefore, an efficient logistics supply chain to ensure seamless movement of goods is vital to compete in international markets. This research provides insights into how regional developments, new trends, and key drivers and restraints will impact the industry volume and the various market scenarios that are likely to develop during the course of the year. It also provides an overview of the new opportunities that are expected to transform the Australian logistics landscape.
In 2015, the Australian economy is forecast to be the 13th largest in the world. Year-over-Year growth is estimated to be % for 2015.
1 Iron ore and coal were the key products of export in 2014, at A$ billion and A$ billion, respectively. Australia's world-class education services and tourism sectors were also major contributors to the country's export earning.
2 The transportation and logistics market in Australia is estimated to generate A$ billion in 2019, at a CAGR of % between 2013 and 2019. Growth will be mainly driven by sectors in agriculture, fuels and mining, tourism, and education.
3 In 2015, rail freight is expected to grow between % and % (year-over-year), reflecting the expansions in mining and infrastructure capacity. The growth of black coal production will have a significant impact on the growth in the rail transport sector.
4 With steady growth in freight movement, four industries are expected to benefit from future economic trends: aerospace MRO; mining equipment, technology and services; food and agribusiness; and transport infrastructure
5 The National Transport Commission 2003 will continue to play a vital role in the development of national transport reforms that improve the safety, productivity and efficiency of Australia's transport network. This would help Australia compete both domestically and internationally.
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