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Fastest Declining Industries by Revenue Growth (%) in Australia in 2026
Fastest Declining Industries in Australia 2026
| Rank | Industry | Revenue Growth | Market Size | Businesses | Employees |
|---|---|---|---|---|---|
| 1 | Nickel Ore Mining in Australia | -34.6% | $992.1m | 3 | 714 |
| 2 | Hydro-Electricity Generation in Australia | -32.7% | $1.7bn | 32 | 3,196 |
| 3 | Cotton Growing in Australia | -25.6% | $2.3bn | 585 | 3,277 |
| 4 | Sugar Cane Growing in Australia | -24.4% | $1.3bn | 3,963 | 10,820 |
| 5 | Coal Seam Gas Extraction in Australia | -23.7% | $28.0bn | 7 | 4,680 |
| 6 | Alumina Production in Australia | -23.6% | $9.8bn | 3 | 8,617 |
| 7 | Factory and Industrial Building Construction in Australia | -18.9% | $17.2bn | 2,604 | 13,114 |
| 8 | Fossil Fuel Electricity Generation in Australia | -15.3% | $18.3bn | 105 | 5,054 |
| 9 | Nut, Bolt, Screw & Rivet Manufacturing in Australia | -14.5% | $983.3m | 117 | 1,539 |
| 10 | Liquefied Natural Gas Production in Australia | -11.6% | $72.6bn | 6 | 13,854 |
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Frequently Asked Questions
What is the fastest declining industry in Australia in 2026?
The fastest declining industry in Australia in 2026 is Nickel Ore Mining, with a -34.6% revenue growth for 2026. This ranking is based on data compiled by IBISWorld industry analysts.
What are the top three fastest declining industries in Australia in 2026?
The top three fastest declining industries in Australia in 2026 are Nickel Ore Mining, Hydro-Electricity Generation and Cotton Growing. Rankings are updated using IBISWorld data.