Belgium Freight Transport Report - Business Monitor International - Industry Reports

Belgium Freight Transport Report

Belgium Freight Transport Report - Business Monitor International - Industry Reports
Belgium Freight Transport Report
Published Oct 31, 2015
58 pages — Published Oct 31, 2015
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

BMI View: Belgium s freight transport sector will continue to grow in ---- as the domestic and wider economic climate is strengthening, improving trade and consumer demand. Real GDP growth is forecast at -.- in ----, up from the previous estimate of -.- . ...Road freight will continue to grow at an average -.- y-o-y over the medium term. The country s steady economic growth will be the key driver for growth in this sector as it caters for consumer products which will increase with lower oil prices and persistently low inflation supporting household consumption. Rail comes second and can expect tepid growth that will gradually accelerate over the medium term. ...Air freight will see the strongest growth largely due to the pharmaceutical sector, with Belgium s pharmaceutical exports forecast to post double-digit growth. We expect air freight to grow steadily at -.- on average over our forecast period until ----.

...Located in the heart of industrialised continental Europe, Belgium is well-placed to channel key freight flows through its ports, roads and rail connections. Road and rail connections to the Port of Antwerp boosts global connectivity. ...Road and rail connections to the Port of Antwerp boosts global connectivity. The port is one of the most important in northern Europe and one of the top -- in the world. It is a key gateway for shipments to a range of countries, including France and Germany. Belgian regulatory framework is market-friendly and well organised. Belgium has a well developed air freight sector, which facilitates the movement of key export products such as pharmaceuticals and diamonds.

...Belgium will, like other EU members, have to diversify away from its reliance on road haulage to meet its freight needs, and must invest in its rail network and rail freight providers to ensure it can meet emissions quotas. Significant declines in heavy industry could hamper demand for rail freight. ...

  
Source:
Document ID
1758-468X
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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Cite this Report

  
MLA:
Business Monitor International - Industry Reports. "Belgium Freight Transport Report" Oct 31, 2015. Alacra Store. Dec 06, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Belgium-Freight-Transport-Report-2026-578>
  
APA:
Business Monitor International - Industry Reports. (2015). Belgium Freight Transport Report Oct 31, 2015. New York, NY: Alacra Store. Retrieved Dec 06, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Belgium-Freight-Transport-Report-2026-578>
  
US$ 1,295.00
$  £  
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