Frequently Asked Questions (114)
Questions asked by members to the Secretariat to improve communication with readers.
What are the impacts of COVID-19 on gravel and sand quarrying Australia?
Gravel and Sand Quarrying in Australia, trends
IBISWorld 06.01.21 had the following to say regarding the impact of the global COVID-19 pandemic.
- Due to the essential nature of sand and gravel in construction and building projects, demand for industry goods is only expected to decline by a relatively small amount in 2019-20 and 2020-21 in response to COVID-19.
- Many sand and gravel quarries are likely to remain operational in the second half of 2019-20 and into 2020-21, despite the pandemic. However, volumes are anticipated to decline over these years, while prices are projected to fall.
- With some demand and revenue declines across the industry in the current year, a small number of enterprises are anticipated to exit the industry, while employment is also projected to decline.
https://www.ibisworld.com/au/industry/gravel-sand-quarrying/75/
What are the impacts of COVID-19 on rock, limestone and clay quarrying Australia?
Rock, Limestone and Clay Mining in Australia, trends
IBISWorld 26.10.20 had the following to say regarding the impact of the global COVID-19 pandemic.
- The Rock, Limestone and Clay Mining industry is expected to be moderately affected by COVID-19. The weaker building construction market is projected to require lower volumes from the industry, leading to lower industry revenue in 2019-20 and 2020-21.
- However, due to the industry’s domestic focus and limited exposure to international trade, demand and revenue falls for the industry are expected to be limited.
- Due to revenue declines and reduced demand in 2019-20 and 2020-21, the number of enterprises operating in the industry, and total industry employment, is anticipated to fall in these years. However, these factors are forecast to increase in 2021-22 as the industry recovers from COVID-19.
https://www.ibisworld.com/au/industry/rock-limestone-clay-mining/76/
To ask a question that could be shared amongst all members in the association, please contact the CMPA:
Phone: 03 5781 6055 – Fax: 03 5782 2021
Email: enquiries@cmpavic.asn.au
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