Cameroon Autos Report - Business Monitor International - Industry Reports

Cameroon Autos Report

Cameroon Autos Report - Business Monitor International - Industry Reports
Cameroon Autos Report
Published Aug 06, 2016
24 pages — Published Aug 06, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

Light commercial vehicles sales, units (LHS) Heavy trucks sales, units (LHS) Buses and coaches sales, units (LHS) Commercial vehicles sales, units, chg y-o-y (RHS) ----e ----f ----f ----f ----f ----f - -,--- -,--- -,--- - - -- -- e/f = BMI estimate/forecast. Source: BMI According to our Infrastructure team, Cameroon s construction industry will grow robustly in the years ahead, with a real growth forecast of -.- in ----, and annual average growth of -.- over our forecast period ---------. Driving this growth will be upgrades to the logistics network, improvements to the power grid and increased industrial construction activity. Due to the strong positive correlation between construction industry growth and CV sales, we believe this robust expansion in construction activity will drive demand for both light and heavy CVs used in the construction of infrastructure projects. Furthermore, expanding economic activity will lead to an uptick in capital expenditure by businesses including into investments into the purchase of CVs. Supporting this view is our Country Risk team s forecast of an -.- expansion in fixed investment in ----, which will further drive demand for LCVs and heavy trucks. Over our forecast period ---------, strong growth in the construction industry will support our upbeat outlook for CV sales in Cameroon, which will average annual growth of -.- over the next five years.

...Adding to our bullish view, we expect strong private consumption levels, aided by low levels of inflation and increasing financial inclusion, to help support growth in the passenger car segment. Our Country risk team forecasts real growth of -.- in private consumption in ----, again outperforming the SSA regional average of -.- , which will translate into growing demand for passenger cars. Low levels of inflation and currency stability will support consumer sending in Cameroon which will spill- over into demand for passenger cars by bolstering consumer purchasing power and keeping vehicle import prices stable. As a member of the Economic and Monetary Union of Central Africa (CEMAC), Cameroon uses the Central African franc as its local currency which is pegged to the euro allowing the country to benefit from a relatively stable currency, and therefore limited inflation. We expect that Cameroon will continue to enjoy low levels of inflation throughout ----, with inflation forecast to average -.- , according to our Country Risk team. ...As a member of the Economic and Monetary Union of Central Africa (CEMAC), Cameroon uses the Central African franc as its local currency which is pegged to the euro allowing the country to benefit from a relatively stable currency, and therefore limited inflation. We expect that Cameroon will continue to enjoy low levels of inflation throughout ----, with inflation forecast to average -.- , according to our Country Risk team.

...< ALACRA META ABSTRACT>BMI View: We maintain our view that healthy private consumption levels, aided by low levels of inflation and growing financial inclusion, coupled with a booming construction industry will lead to an expansion of -.- in vehicle sales in ----. Vehicle Sales (---------) Cameroon - Vehicle sales, units Cameroon - Vehicle sales, units, y-o-y ----e ----e ----f ----f ----f ----f ----f - -,--- -,--- -,--- --,--- -- - -.- - -.- e/f = BMI estimate/forecast. ...

  
Source:
Document ID
2049-0178
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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MLA:
Business Monitor International - Industry Reports. "Cameroon Autos Report" Aug 06, 2016. Alacra Store. Dec 08, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Cameroon-Autos-Report-2026-1360>
  
APA:
Business Monitor International - Industry Reports. (2016). Cameroon Autos Report Aug 06, 2016. New York, NY: Alacra Store. Retrieved Dec 08, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Cameroon-Autos-Report-2026-1360>
  
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