Fast Market Research announces the availability of the new Business Monitor International report, "Serbia Freight Transport Report 2016", on their comprehensive research portal
Boston, MA -- (SBWIRE) -- 12/11/2015 -- BMI believes the outlook for Serbia's freight sector is relatively rosy over both 2016 and our medium-term forecast period to 2019. Average annual growth rates to 2019 for road and air freight will surpass 2016 figures, whereas for rail it will remain around the same. While not bullish in our forecasts, we see improving export growth, huge investments in rail infrastructure - the country's dominant freight mode - and macroeconomic growth that will boost Serbian consumers as providing a stable foundation for growth that will pay dividends to 2019 and beyond.
Trade growth in 2016 will continue to rise and improve upon 2015 growth rates, although we note that 2016 will represent a peak in the medium term and growth will dip from 9.0% growth this coming year to an annual average of 6%. Increased export growth will be a key driver of growth in the short-term, while backbone growth in the economy in real GDP (1.0% in 2016 but rising to 4.3% in 2019), GDP per capita in local currency terms (rising by an average of 7.4% between 2016 and 2019) and real private final consumption growth (rising to 3.5% in 2018 and 2019) will boost stability over the medium term and help to expand all freight sector modes.
Get More Details on this Report and a Full Table of Contents at Serbia Freight Transport Report 2016
This background economic growth will help empower the finances of Serbia's consumer base, which we believe will help drive road freight volumes by 5.4% to 2019. While there are few major plans to upgrade or expand the country's road network over the medium term, the successful re-building of many roads damaged in 2014's floods (using EU funding) shows the government is willing to prioritise the sector in times of crisis, and more preventative measures have been put in place.
The Serbia 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.
BMI Research's Serbia Freight Transport Report provides industry professionals and strategists, sector analysts, investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the Serbian freight transport and logistics industry.
-Benchmark BMI's independent freight transport industry forecasts on Serbia 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 Serbian freight transport sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Serbia.
-Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs, and latest activity).
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 (%)
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.
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