B2B drives market demand, with B2B spending representing 100% of total demand in 2022. Woolworths Group Ltd is the largest company in Australia, generating 29.0% of the industry’s total turnover value in 2022. The industry is concentrated, with the top five companies generating 85.7% of total production value in 2022. The total number of companies increases in 2022, to 155,353 units. The costs of the industry decrease by 2% in 2022, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 15.2% of turnover in 2022, the 11th highest across the top 20 developed countries. With turnover of USD114 billion, Australia accounts for 87.6% of the Australasia total in 2022.
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This Euromonitor industrial report provides unique information on Retail in Australia: ISIC 52. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Retail in Australia: ISIC 52 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of retail, sale, maintenance and repair of motor vehicles, retail sale of automotive fuel, and wholesale trade.
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