Peru Freight Transport Report - Business Monitor International - Industry Reports

Peru Freight Transport Report

Peru Freight Transport Report - Business Monitor International - Industry Reports
Peru Freight Transport Report
Published Jun 06, 2015
55 pages — Published Jun 06, 2015
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

BMI View: The increased wealth in Peru from the continued growth of the mining sector and the wider economy will see an attendant growth in private consumption in the country as the consumer power of the growing middle class increases. Despite our forecast for a notable slowdown in headline growth, we expect private consumption will remain a relative bright spot for the economy. ...Despite our forecast for a notable slowdown in headline growth, we expect private consumption will remain a relative bright spot for the economy. This will drive demand for all freight modes, however air freight will, in our view, see the greatest growth as the economy strengthens and purchasing power rises, while road will continue to dominate the mix as the delivery of imported consumer goods and internet purchases soars. Economic growth in Peru will improve modestly in ----, driven by a recovery in the construction sector following a sharp deceleration in ----. ...Risks to our growth outlook lie mainly to the upside. Our Commodities team is below consensus on the outlook for copper prices over the next few years, which also puts us below consensus on Peruvian headline

...Higher average prices than we currently forecast would result in stronger export and fixed investment growth than reflected in our projections, which would likely result in significantly faster real GDP growth in the coming years. ...This investment forms part of the Peruvian government s drive to reduce the infrastructure divide and make Peru more competitive. BMI notes that an efficient and reliable freight transport network is essential in this aim; through developing this, a country can provide quicker routes to market for its trade, in terms of both imports and exports, and can provide access to previously inaccessible regions. In countries such as Peru, which is heavily geared towards the export of commodities, and has mines in remote regions, this is particularly important; the plan was in fact announced by the minister at a mining conference. ...BMI notes that an efficient and reliable freight transport network is essential in this aim; through developing this, a country can provide quicker routes to market for its trade, in terms of both imports and exports, and can provide access to previously inaccessible regions. In countries such as Peru, which is heavily geared towards the export of commodities, and has mines in remote regions, this is particularly important; the plan was in fact announced by the minister at a mining conference.

...Peru has a growing youth population and, with steady average GDP growth, this could see domestic demand for imports rising. Negotiations on a free trade agreement (FTA) with the US should boost trade opportunities. ...A delayed rebalancing of the Chinese economy could result in a continuation of the trend of robust external demand for Peru s mining exports. The FTA agreed between Peru and Japan and the associated abolition of import tariffs on goods travelling between the two countries should increase trade flows between the two. Peru s mining industry value will see average annual growth of -.- in ---------, reaching USD--.-bn. ...

  
Source:
Document ID
1752-5985
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. "Peru Freight Transport Report" Jun 06, 2015. Alacra Store. Dec 11, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Peru-Freight-Transport-Report-2026-373>
  
APA:
Business Monitor International - Industry Reports. (2015). Peru Freight Transport Report Jun 06, 2015. New York, NY: Alacra Store. Retrieved Dec 11, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Peru-Freight-Transport-Report-2026-373>
  
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