Egypt's economy will continue to bounce back over
the coming quarters on the back of political stability, pent-up demand and a
weaker currency. While this will be good for the country's exports, it does
mean that its domestic consumer demand for imports of container goods will
slow. Nevertheless, a steady improvement in tourism will support demand for
imports from this segment of the economy.
Although our growth forecasts for volumes carried
on Egypt's different freight modes in 2016 and 2017 are not for spectacular
growth, they are nevertheless positive and will remain so over the course of
our forecast period to 2020, due to a relatively upbeat macroeconomic and trade
outlook for the country.
This is especially the case when compared to recent
years, as political turmoil since the ousting of long-serving President Hosni
Mubarak in 2011 has led to a dampening in economic expansion. Trade dynamics in
Egypt will continue to improve in the coming quarters owing to a stabilisation
in the political landscape. Currency weakness will make exports more
competitiveness, though moderate consumer demand and costlier foreign goods
will ensure imports do not soar.
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more information Visit at: http://www.marketresearchreports.com/business-monitor-international/egypt-freight-transport-and-shipping-report-q2-2016
Growth in India's freight transport sector will be
underpinned by stable economic growth and an expanding manufacturing sector. We
expect the country's ports, road and rail sector will be the primary
beneficiaries of Narendra Modi's 'Make in India' campaign to boost
manufacturing output. Meanwhile, rising consumer demand and a buoyant
pharmaceutical sector will see air freight growth outperform the other freight
modes.
We estimate moderate trade growth in real terms in
2015 (ending March 2016), rising by 1.8% - although this is an improvement on
the real contraction recorded in 2014. Growth will accelerate in 2016, rising
to 2.7%. Exports will be the key driver of growth in both years - in 2015
exports will rise by 2.5% compared to imports' 1.0%, while in the following
year the growth levels will be 3.5% and 1.8% respectively.
In positive news for air freight and the road
haulage sector, we expect the government's efforts to boost the manufacturing
sector through the 'Make In India' campaign to continue gaining traction, which
is evident in various high frequency data.
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more information Visit at: http://www.marketresearchreports.com/business-monitor-international/india-freight-transport-and-shipping-report-q2-2016
We forecast a positive growth trend across Israeli
freight transportation models in 2016 and over the course of our forecast
period. This development is a marked improvement over recent years, when the
sector witnessed declining volumes owing to sluggish macroeconomic growth.
Furthermore, a domestic slowdown coupled with a sluggish economic environment
in major trade partner Europe - and political instability on its borders with
other states, and with Gaza. Political risk is always a threat in Israel and
could threaten to derail our forecast.
Latest Updates And Forecasts
- We forecast total road freight volumes will increase by 3.28% in 2016 to reach 26.69mn tonnes. Growth will rise to 3.33% in 2017.
- We forecast total rail freight volumes will climb 4.0% in 2016 to reach 8.15mn tonnes. Growth will be 4.1% in 2017.
- We forecast total air freight volumes will rise by 1.15% in 2016 to reach 286,186 tonnes. Growth will be 1.1% in 2017.
- We forecast total nominal trade value to rise by 5.30% to reach USD175.9bn in 2016.
- The top trade partners will be the US, China, Germany, the UK, Belgium and Switzerland.
For
more information Visit at: http://www.marketresearchreports.com/business-monitor-international/israel-freight-transport-and-shipping-report-q2-2016
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