Market Research Reports, Inc. Road Freight to Dominate Malaysia's Freight Transport Mix, Finds New Report

Market Research Reports, Inc. has announced the addition of “Malaysia Freight Transport Report Q2 2014” research report to their offering. The report covers 5 year forecasts upto 2018.


Lewes, DE -- (SBWIRE) -- 02/25/2014 -- Malaysia's latest real GDP growth reading came in decisively weak at 4.3% year-on-year (y-o-y) for Q213, vindicating our core view that cooling Chinese economic growth would weigh heavily on the export sector. Indeed, looking at the breakdown of GDP by expenditure, the weaker-than-expected reading (Bloomberg consensus stood at around 4.8% prior to the release) was largely due to a sharp contraction in net exports. Net exports suffered the sixth quarter of contraction since Q411, recording a negative 3.3 percentage points (pps) contribution to headline growth of 4.3% y-o-y in Q213. Looking ahead, we expect cooling external demand to continue to drag on the overall economy and that Malaysia's full-year real GDP growth will come in relatively weak at just 4.6%, with the balance of risks slightly skewed to the downside.

Activity levels across Malaysia's different freight modes will grow in a rough 2%-4.0% range in 2014, lagging a little the growth rates achieved by the wider economy and the foreign trade sector. However, as infrastructure investment plans are advancing, Malaysia will be gradually expanding its freight capacity.

Headline Industry Data
>> The real value of Malaysia's total trade will rise by a predicted 4.4% in 2014, a slight slowdown from the estimated 4.5% expansion experienced in 2013.
>> Total cargo volume handled at Port Klang will rise by 3.0% to 209.8mn tonnes in 2014, while volume at the Port of Tanjung Pelepas will rise by a marginally higher 3.2% to 126.2mn tonnes.

The report covers detailed industry SWOT analysis,industry forecast, political outlook, oil price outlook, industry trends and overview, competitive landscape and company profiles of major players including MISC Berhad and MASkargo.

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