(MENAFNEditorial)
Czech Republic's freight transport sector will continue growth in 2015 in line with the country's improving economic outlook . We forecast strong real GDP growth of 3.1% in 2015 which will be powered by an improving consumer outlook. This will encourage domestic freight tonnage- especially road haulage- over the year. Road freight is to continue to dominate the sector and is projected to grow by 2.8% in 2015.
We forecast total trade to grow strongly in the Czech Republic in 2015 and over the next several years. This is due to improving domestic and regional dynamics particularly in Germany. BMI has recently revised up its forecast for German GDP growth in 2015 and 2016. As the country is Czech Republic's largest trade partner- making up for around a third of total trade- an improving economic picture is particularly favourable for Czech freight.
Road freight growth will be powered by the improving consumer story over the coming years. Strong private final consumption growth and a better investment climate in the Czech Republic will drive sales of the formal packaged food sector as well as items such as electronics. However we note that while the density of the country's road network is strong by regional standards its quality is poor and motorway tolls and taxes hamper potential growth. This will lead to rail freight growth outperforming that of road freight towards the end of our forecast period.
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We expect rail freight growth to begin to outperform that of road freight towards the end of our forecast period. This will be due to an improvement in eurozone economic growth- particularly that of Germany. Greater regional growth will lead to greater trade of the Czech Republic's traditional exports- namely heavy machinery such as automobiles and raw materials. Furthermore the country's geographically strategic position in Central Europe and the EU-wide drive to decrease Europe's reliance on road freight will lead to greater investment into the...
The Czech Republic Freight Transport Report has been researched at source and features latest-available data covering commercial transport and logistics by road rail air and water; industry forecasts company rankings covering leading national and multinational operators; and analysis of latest industry trends opportunities projects and regulatory changes.
Business Monitor International (BMI)'s Czech Republic Freight Transport Report provides industry professionals and strategists sector analysts investors trade associations and regulatory bodies with independent forecasts and competitive intelligence on the Czech freight transport and logistics industry.
Key Benefits
* Benchmark BMI's independent freight transport industry forecasts on Czech Republic to test other views - a key input for successful budgetary and planning in the strategic freight transport market.
* Target business opportunities and risks in the Czech freight transport sector through our reviews of latest industry trends regulatory changes and major deals projects and investments in Czech Republic.
* Assess the activities strategy and market position of your competitors partners and clients via our Company Profiles (inc. SWOTs KPIs and latest activity).
Coverage
BMI Industry View
Summary of BMI’s key industry forecasts views and trend analysis covering freight transport and logistics regulatory changes major investments and projects and significant national and multinational company developments.
Industry SWOT Analysis
Analysis of the major strengths weaknesses opportunities and threats within the freight transport sector and within the broader political economic and business environment.
BMI Industry Forecasts
Historic data series (2008-2012) and forecasts to end-2019 for all key industry and economic indicators (see list below) supported by explicit assumptions plus analysis of key downside risks to the main forecast including:
* Transport Sector: Total freight carried by road rail inland waterways maritime air and pipeline (mn tonnes-km/mn tonnes).
* Trade: Exports and imports (USDmn) by category of goods (manufactured goods food chemicals etc.); top five import and export trade partners (USDmn); imports/exports to each global region (USDmn)
* Port Data: Throughput (‘000 tonnes) for all major ports in the state.
* Oil Products Prices: Price forecasts for gasoline and aviation fuel (USD/bbl) at all major global energy trading hubs.
* Economic Indicators: Nominal GDP (USDbn); real GDP growth (%); GDP per capita (USD); industrial production (%); unemployment (%)
Market Overview
Details of the freight infrastructure in each state by segment (road rail air water and pipelines). Full analysis of the competitive landscape within each segment.
Industry Trends and Developments
Analysis of the latest projects across the freight transport sector (road rail air sea and logistics) including a market overview which provides an outline of the key elements driving development.
Political Outlook
The Freight Transport market reports contain a chapter detailing the political outlook of a given region examining the domestic politics long-term outlook and foreign policy and assessing the impact this could have on freight and transport businesses.
Company Profiles*
Examines the short- to medium-term business strategies of key industry players. Strategy is examined within the context of BMI’s industry forecasts our macroeconomic views and our understanding of the wider competitive landscape to generate company SWOT analyses.
The latest financial and operating statistics and key company developments are also incorporated within the company profiles enabling a full evaluation of recent company performance and future growth prospects.
Sources
The Freight Transport reports draw on an extensive network of primary sources such as multilateral organisations government departments industry associations chambers and company reports
*Company profiles are not available for every country. Those reports instead contain information on the current activities of prominent companies operating in the market.
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