Overview
The world market for environment goods and services is forecast to grow to US$688 billion (A$916 billion) by 2010. The domestic market is estimated at $22 billion with a growth rate of seven per cent a year. The industry accounts for 2.4 per cent of GDP and up to 130,000 jobs.
In 2004-05 Australian exports of environmental goods was estimated at $1.9 billion and it is envisaged that by 2011 the total value of environment goods and services will reach $4.2 billion. Waste management accounts for 42.7 per cent of industry expenditure. (Source: The Australian Environment Industry Directory)
Australian companies operate in all areas of the environment industry, including water treatment and waste water treatment, solid waste management and recycling, air pollution testing, mine site regeneration and land remediation.
Australia enjoys a reputation for excellence in the environmental sciences, research and development, and the commercialisation of new and innovative technologies. It has a competitive edge because of its technical expertise, strong technology and science base, and understanding of environmental issues. The Australian work force is highly skilled and Australia’s proximity to Asia and the Pacific is seen as an advantage.
What are the key opportunities?
Key growth areas in the environment sector are:
- Water and waste water management
- Solid waste management
- Air pollution
- Mine site rehabilitation
- Renewable energy
Where are the key opportunities?
Priority markets with opportunities for Australian environment companies include:
- China (Air, water and renewables)
- India (Water and renewables)
- Vietnam (Water and solid waste)
- Thailand (Water, solid waste and renewables)
How can we help you?
With a network of over 140 overseas locations in more than 60 countries backed by highly experienced and qualified staff, Austrade provides a number of dedicated and tailored services to Australian exporters.
Austrade offers practical advice, market intelligence and ongoing support (including financial) to Australian businesses looking to develop international markets. Austrade also provides advice and guidance on overseas investment and joint venture opportunities, and helps put Australian businesses in contact with potential overseas investors.
For further information please contact Austrade on 13 28 78 or email info@austrade.gov.au.
Useful contacts
Austrade’s renewable energy contact
Robert Richardson
Senior Export Adviser
Email: Robert.Richardson@austrade.gov.au
Tel: +61 2 8815 9978
Government contact
Department of Innovation, Industry, Science and Research – www.industry.gov.au
General industry contacts
Australian Environment Industry Directory – www.wme.com.au/aeid
Australian Water Association – www.awa.asn.au
Barton Group – www.bartongroup.org.au
Environment Business Australia – www.environmentbusiness.com.au
Last updated: 25 Feb 2008
|