Industry Analysis & Industry Trends
The industry is involved in the sale of a diverse range of products including fuels, ores, metals and industrial chemicals. Many of these products are essentially intermediate products used by an equally diverse range of industries, ranging from the agricultural sector to numerous manufacturing industries and downstream consumers. In addition, most of the products in question are traded as commodities and are therefore particularly susceptible to fluctuations in global demand and supply.
Over the past five years, industry agents have faced several setbacks, including a number of external shocks. In particular, they had to contend with volatile global commodity prices and equally dramatic falls in demand in response to subdued domestic and global economic conditions... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
This industry is estimated to be in the mature stage of its economic life cycle, despite several factors suggesting that the industry is in the decline stage of its life cycle. This is primarily due to volatile input prices distorting the industry's revenue performance in the short term.
In an industry operating on narrow profit margins, cost minimisation has become paramount to survival. The need to cut costs has resulted in a greater number of vertically integrated companies making up the industry. To a large extent, businesses that simply provide agent services to the market have been unable to compete in this market, except those catering to niche markets and others with strong supply and demand contracts in place in upstream and downstream industries. Thi.. purchase to read more