Price Determination in the Australian Food Industry A Report
Price Determination in the Australian Food Industry A Report
Price Determination in the Australian Food Industry A Report
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
PRICING ANALYSIS<br />
$<br />
6.00<br />
5.00<br />
4.00<br />
retail<br />
Figure 63.<br />
<strong>Price</strong>s of field<br />
gourmet<br />
tomatoes,<br />
1kg, $/kg,<br />
Brisbane<br />
3.00<br />
2.00<br />
1.00<br />
0<br />
$<br />
4.00<br />
3.50<br />
3.00<br />
2.50<br />
2.00<br />
1.50<br />
1.00<br />
0.50<br />
0<br />
wholesale<br />
2000 2003<br />
wholesale<br />
retail<br />
2000 2003<br />
Figure 64.<br />
<strong>Price</strong>s of<br />
cavendish<br />
bananas,<br />
1kg, $/kg,<br />
Melbourne<br />
These charts provide<br />
examples of <strong>the</strong> analysis<br />
of data that is typical of<br />
<strong>the</strong> differences between<br />
<strong>the</strong> reported wholesale<br />
data and <strong>in</strong>dustry data<br />
that is collected from<br />
supermarket retail sales.<br />
It is dangerous to make<br />
assertions about <strong>the</strong><br />
share of marg<strong>in</strong>s that is<br />
obta<strong>in</strong>ed from this<br />
comparison because of<br />
<strong>the</strong> weaknesses <strong>in</strong><br />
approach <strong>in</strong> collation of<br />
<strong>the</strong> wholesale data and<br />
<strong>the</strong> grow<strong>in</strong>g portion of<br />
retail buy<strong>in</strong>g which is<br />
direct <strong>in</strong>to warehouse at<br />
prices which are different<br />
from those wholesale<br />
values shown above. The<br />
only valid means by<br />
which a comparison can<br />
be made is via traced<br />
sales through <strong>the</strong><br />
markets <strong>in</strong>to <strong>the</strong> retail<br />
market to ensure <strong>the</strong>re is<br />
like-for-like comparison<br />
of <strong>the</strong> price po<strong>in</strong>ts.<br />
$<br />
5.00<br />
4.00<br />
3.00<br />
retail<br />
Figure 65.<br />
<strong>Price</strong>s of<br />
granny<br />
smith apples,<br />
1kg, $/kg,<br />
Melbourne<br />
2.00<br />
1.00<br />
0<br />
$<br />
3.50<br />
3.00<br />
2.50<br />
2.00<br />
1.50<br />
1.00<br />
0.50<br />
0<br />
wholesale<br />
2000 2003<br />
wholesale<br />
2000 2003<br />
retail<br />
Figure 66.<br />
<strong>Price</strong>s of<br />
valencia<br />
oranges,<br />
1kg, $/kg,<br />
Brisbane<br />
Source: Ausmarkets and HAL.<br />
<strong>Price</strong> <strong>Determ<strong>in</strong>ation</strong> <strong>in</strong> <strong>the</strong> <strong>Australian</strong> <strong>Food</strong> <strong>Industry</strong><br />
65