Australians have one of the highest levels of disposable income per head in Asia and Australasia, at an estimated US$37,668 in 2014, making the country an attractive market for high-value goods. However, Australia's population of about 23m means that the market is relatively small. In purchasing power parity terms, Australia had the fifth-largest GDP in Asia and Australasia in 2014.
Relatively high immigration rates, rising disposable income and growth in the number of single-person households will underpin demand for consumer goods in 2015-19.
Although agriculture generates a relatively small share of Australia's GDP (about 24%), it provides the basis for the food processing industry and is also an important exporter. Agricultural exports account for about 16% of total merchandise exports, according to the latest available data from the Australian Bureau of Statistics (ABS).

Consumer goods and retail report 2

Overview 2

Retail 3

Food and drink 5

Non-food products 9

Industry publishing schedule 14

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