(MENAFNEditorial)
We are expecting moderate-to-strong throughput growth at Pakistan's main ports in the fiscal year ending June 2015 with volumes growing by 3-8%. Growth will be marginally down on the previous year reflecting a slowdown in foreign trade expansion.
BMI continues to predict 4.0% GDP growth in fiscal year 2014-15 (running to end-June 2015) despite some downside risks. In our view slow but significant progress is being made on structural economic reforms with efforts to reduce energy subsidies broaden the tax base and offload stakes in public enterprises all contributing to a narrowing fiscal deficit. On the privatisation front the government has sold minority share stakes in United Bank (UBL) Pakistan Petroleum (PPL) and Allied Bank (ABL) generating roughly USD650mn in revenues.
Full Report Details at
- http://www.fastmr.com/prod/960692_pakistan_shipping_report_q2_2015.aspx?afid=101
Downside risks include political volatility the still-uncertain security situation and the after-effects of last September's severe floods. BMI is predicting however that growth will remain robust rising marginally to 4.1% in 2015-16 and will average 4.1% over the next five years.
Headline Industry Data
* 2014/15-tonnage throughput at the port of Karachi is forecast by BMI to grow by 4.9% to 43.376mn tonnes.
* 2014/15-container throughput growth at the port of Karachi forecast to increase by 4.0% to 1.654mn twenty-foot equivalent units (TEUs).
* 2014/15-tonnage throughput at the port of Muhammad Bin Qasim forecast to grow by 3.0% to 26.553mn tonnes.
* 2014/15-container throughput at the port of Muhammad Bin Qasim forecast to grow by 7.6% to 918904TEUs.
* Pakistan's total trade forecast to see real growth cooling to reach 3.5% in 2014/15 down from an estimated 8.0% in the preceding year.
Key Industry Trends
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The Pakistan Shipping Report has been researched at source and features latest-available data and Business Monitor International (BMI)'s independent forecasting critically analysing international transport of dry bulk and containers. The report evaluates the global commodities and trade backdrop alongside in-depth country-specific analysis of trade prospects. The report also contains company profiles covering leading multinational and national shipping companies and analysis of latest industry news trends and regulatory developments in Pakistan.
BMI's Pakistan Shipping Report provides industry professionals and strategists sector analysts business investors trade associations and regulatory bodies with independent forecasts and competitive intelligence on the shipping industry in Pakistan.
Key Benefits
* Benchmark BMI's independent shipping industry forecasts for Pakistan to test other views - a key input for successful budgeting and strategic business planning in the Pakistani shipping market.
* Target business opportunities and risks in Pakistan through our reviews of latest industry trends regulatory changes and major deals projects and investments.
* Exploit the latest competitive intelligence and company SWOTS on your competitors and peers including multinational and national companies.
Coverage
BMI Industry View
Summary of BMI's key industry forecasts views and trend analysis covering shipping major investments and projects and significant multinational and national company developments.
SWOT Analysis
SWOT (Strengths Weaknesses Opportunities and Threats) analysis of the state's shipping sector which carefully evaluates the short- and medium-term issues facing the industry.
Market Overview
Analysis of the capacity terminals and planned development of the major ports in each country including data on throughput and total tonnage.
Industry Forecast Scenario
Historic data series (2008-2012) and forecasts to end-2018 for all key industry and macroeconomic indicators (see list below) supported by explicit assumptions plus analysis of key downside risks to the main forecast including:
Major port freight throughput (tonnes/teu); overall freight throughput (teu); total imports (US$bn) and exports (US$bn).
Company Profiles
Company profiles include business activities leading products and services company strategy trends and developments and economic performance analysis.
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