Industry Analysis & Industry Trends
Both fertilizer and pesticide prices experienced several convulsions over the past five years; as a result, revenue for the Farm Supplies Wholesaling industry has been extremely volatile. Nevertheless, both inputs experienced an overall increase during the period, resulting in revenue growth. Over the next five years, the industry is expected to continue to face volatility due to shifts in the price of inputs. Demand from key downstream industries involved in crop and animal production will strengthen as the overall economy improves and individuals spend more on food items. Nevertheless, volatility in the price of key product inputs, including oil and natural gas, will continue to obstruct steady revenue growth. As prices of these goods fluctuate, so too will revenue for the industry... purchase to read more
Industry Report - Starting a New Business Chapter
The barriers to entry into the Farm Supplies Wholesaling industry are few and low, as indicated by the several thousand operators within the industry at present. No official licence or permission is necessary to get started, although distributors that handle dangerous agricultural chemicals harmful to human health must follow storage and handling guidelines. This fact, however, does not represent a major barrier to entry.
Additionally, there are few industry incumbents who hold substantial market share beyond their limited regional reach. The result is an industry easy to enter and exit, which has been demonstrated by the recent downsizing of industry operators. Initial investments may be a barrier for some new entrants, but this is typical of any industry within this sector... purchase to read more