Jordan Autos Report - Business Monitor International - Industry Reports

Jordan Autos Report

Jordan Autos Report - Business Monitor International - Industry Reports
Jordan Autos Report
Published Sep 03, 2016
34 pages — Published Sep 03, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

However, from ---- we are becoming more optimistic, for a variety of reasons which we outline below. First, our Country Risk team is now more positive towards the Jordanian economy than at any point since ----, with lower oil prices and signs of progress on the government s infrastructure investment programmes set to boost economic activity. ...However, from ---- we are becoming more optimistic, for a variety of reasons which we outline below. First, our Country Risk team is now more positive towards the Jordanian economy than at any point since ----, with lower oil prices and signs of progress on the government s infrastructure investment programmes set to boost economic activity. Moreover, we expect trade between Iraq and Jordan to resume to pre----- levels in early ----, given that the Iraqi government is pushing ahead with its military operations in Anbar. ...Under this agreement, Jordanian factories would be able to import raw materials from other countries and still label the finished products as Jordan-made, thereby qualifying for duty free trade. In return, Jordan would eventually give a work permit to ---,--- Syrians, thereby incentivising refugees to remain in the Middle East, rather than migrate to the

...When implemented, the new preferential agreement should significantly boost the Jordanian export industry, similar to what happened in the years after ---- when a free trade agreement with the US was implemented. The further opening of EU markets to Jordanian exports will therefore significantly boost economic growth in the country, although we see this happening gradually. Given the urgency of the Syrian refugee crisis in Jordan - and in the EU - we expect the new preferential agreement to be finalised over the coming months. Nevertheless, we see the impact of the agreement fully coming into effect over ---- at the earliest, given that it will take Jordanian exporters some time to set up new EU-dedicated production lines. As a result of the large boost in exports, we forecast Jordan s real GDP growth to accelerate significantly in ----. ...Economic growth should be further aided by the July ---- signing of a USD---mn ---month extended fund facility with the IMF, which was set to be approved by the IMF board in late August. However, some of the conditions attached to this loan may undermine the used car market (see Higher Import Fees

...We continue to believe that the Jordanian new vehicle sales market is set for further falls in ----, as regional political uncertainty overshadows what are improving economic conditions. Falling tourist numbers will remove a key source of demand for both rental cars and minibuses/buses, impacting on both the passenger car and light commercial vehicle segments. ...

  
Source:
Document ID
2397-4427
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. "Jordan Autos Report" Sep 03, 2016. Alacra Store. Dec 09, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Jordan-Autos-Report-2026-1861>
  
APA:
Business Monitor International - Industry Reports. (2016). Jordan Autos Report Sep 03, 2016. New York, NY: Alacra Store. Retrieved Dec 09, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Jordan-Autos-Report-2026-1861>
  
US$ 1,295.00
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