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Monday 30 September 2013

Winter Tire Market in the US 2014-2018:Automotive & Transportation Market Research Reports

Automotive & Transportation Market Research Reports
 
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Winter Tire Market in the US 2014-2018
Sep 27th 2013, 00:00, by swapnil

TechNavio’s analysts forecast the Winter Tire market in the US to grow at a CAGR of 3.85 percent over the period 2014-2018. One of the key factors contributing to this market growth is the increasing safety concerns. The Winter Tire market in the US has also been witnessing the emergence of high-performance. However, the increasing popularity of all-season tires could pose a challenge to the growth of this market. TechNavio’s report, the Winter Tire Market in the US 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the US; it also …

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Winter Tire Market in Canada 2014-2018:Automotive & Transportation Market Research Reports

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Winter Tire Market in Canada 2014-2018
Sep 27th 2013, 00:00, by swapnil

TechNavio’s analysts forecast the Winter Tire market in Canada to grow at a CAGR of 3.16 percent over the period 2014-2018. One of the key factors contributing to this market growth is the improved safety delivered by winter tires. The Winter Tire market in Canada has also been witnessing the growing popularity of studdless tires. However, the cost incurred to manage two separate sets of tires could pose a challenge to the growth of this market. TechNavio’s report, the Winter Tire Market in Canada 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The …

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Friday 27 September 2013

Kuwait Autos Report Q4 2013:Automotive & Transportation Market Research Reports

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Kuwait Autos Report Q4 2013
Sep 25th 2013, 00:00, by swapnil

Kuwait continues to represent one of the more attractive autos markets of the Gulf region, as it has positive growth potential in both the volume and high-end segments. As such, BMI remains upbeat on the outlook for the Kuwaiti new vehicle sales market, with the country offering strong growth potential in both the volume and high-end segments. In H113, new car sales were reportedly up by 8%. This bodes well for BMI’s forecasts for total new vehicle sales to rise by 9.1% over the full year. Looking forward, we believe that strong annual growth (in the order of 8-10%) can …

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Thailand Autos Report Q4 2013:Automotive & Transportation Market Research Reports

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Thailand Autos Report Q4 2013
Sep 25th 2013, 00:00, by swapnil

Auto sales in Thailand in July 2013 fell 25.4% year-on-year (y-o-y), to 98,251 units, according to the Federation of Thai Industries (Gaikindo). In line with BMI’s call for the market to contract in 2013, y-o-y vehicle sales have been steadily declining since May. Following the end of the first car scheme in 2012, sales are now increasingly dependent on fundamental market demand. Although sales for the first seven months of 2013 were up 13.9% y-o-y, to 839,044 units, we expect further y-o-y declines in the coming months as domestic demand takes over as the key driver. We have decided to …

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Estonia Shipping Report Q4 2013:Automotive & Transportation Market Research Reports

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Estonia Shipping Report Q4 2013
Sep 25th 2013, 00:00, by swapnil

BMI View: Estonia Remains Resilient, But Investment Dips We have reduced our GDP forecast for 2013, largely because of a sharp contraction in fixed investment in the first quarter. Following three years of real GDP growth in Estonia averaging 4.8% per annum, the rate fell to 1.1% in Q113. The main cause seems to have been the conclusion of a programme through which government revenue from carbon emission was funnelled into public investment projects. This led to a sharper than expected fall in overall investment. After a few years of strong investment growth and capacity expansion, it is in any …

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Morocco Autos Report Q4 2013:Automotive & Transportation Market Research Reports

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Morocco Autos Report Q4 2013
Sep 25th 2013, 00:00, by swapnil

Morocco’s highly competitive production environment, government support towards manufacturing and its proximity to the high-volume European markets and high-growth potential African markets are main attractions for carmakers seeking for production-related investments in the country. BMI accordingly sees production in Morocco rising considerably over our five-year forecast period, with a total completely built unit production of 148,400 in 2017. Our forecast for 2013 looks set for 118,300 vehicles to be produced over the year, marking an 8.8% increase on the previous year. However, vehicle sales segment will fail to replicate growth in the production segment. Industry estimates indicate that passenger cars …

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Philippines Freight Transport Report Q4 2013:Automotive & Transportation Market Research Reports

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Philippines Freight Transport Report Q4 2013
Sep 25th 2013, 00:00, by swapnil

Despite a considerable slowdown in exports, the Philippine economy continues to power on, with Q113 figures reflecting impressive real GDP growth of 7.8% year-on-year (y-o-y). That said, the export picture will be a concern to those operating in the freight sphere in the Philippines, following earlier downward trends occurring in January 2013, when Philippine exports decreased by 2.7% year-on-year (y-o-y), breaking the four month-long trend of expansion that had been in play since September 2012. Electronics exports in particular, which had been showing signs of a nascent recovery over the past few months and are so important to the Philippine …

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Croatia Shipping Report Q4 2013:Automotive & Transportation Market Research Reports

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Croatia Shipping Report Q4 2013
Sep 25th 2013, 00:00, by swapnil

Recovery Not Expected Until 2014 We have again reduced our economic forecast for Croatia. We now expect GDP to contract by 0.4% 2013, recovering with 1.1% expansion in 2014. In our last quarterly shipping report we had expected growth of only 0.1% in 2013 1.3% in 2014, so in effect we are saying that this year is going to be weaker, but that the recovery next year will be a little stronger. The good news is that after five years of negative growth in 2008-2013, we believe the economy is finally bottoming out. The most likely scenario is that modestly …

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Colombia Shipping Report Q4 2013:Automotive & Transportation Market Research Reports

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Colombia Shipping Report Q4 2013
Sep 25th 2013, 00:00, by swapnil

BMI forecasts a mixed performance at the three primary ports of Colombia in 2013, following the three facilities’ throughput results for the first months of the year. Although Buenaventura is set to enjoy strong growth in box throughput following the first half of the year results, Cartagena is set for a decline given the throughput levels recorded over the January to April period. Nevertheless, we are confident with regards to growth across the port sector over the medium term, as Colombia is set to be one of the countries with the strongest growth in the region, averaging real GDP growth …

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Singapore Freight Transport Report Q4 2013:Automotive & Transportation Market Research Reports

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Singapore Freight Transport Report Q4 2013
Sep 25th 2013, 00:00, by swapnil

The city-state of Singapore’s role as a global transhipment hub is both its blessing and its curse. In times such as these, when key markets in Europe and the US are either recessionary or growing sluggishly, it can be hit by depleted freight volumes. In 2013, we forecast that both the port and airport’s total tonnage volumes will undergo a contraction. Headline Industry Data ? 2013 air freight tonnage through Changi International Airport to contract 1.8%. Growth over our forecast period (2013-2017) to average 0.6% per annum. ? The port of Singapore’s gross tonnage will contract by 1.6% in 2013, …

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Greece Shipping Report Q4 2013:Automotive & Transportation Market Research Reports

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Greece Shipping Report Q4 2013
Sep 25th 2013, 00:00, by swapnil

Greece’s outward-looking shipping sector remains partly protected from the full force of the domestic crash. The country’s largest container port, Piraeus, is projected to record a double-digit box throughput increase of 13.5% in 2013, while total tonnage throughput is also expected to rise (by 10.3%). This reflects new investment, the port’s role as a gateway into Europe, and growth in Greek foreign trade in 2013 (forecast at 2.6% in real terms, the first positive number after four years of steady falls). Throughput at the country’s second largest port in terms of total tonnage, the port of Thessaloniki, is in contrast …

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Spain Autos Report Q4 2013:Automotive & Transportation Market Research Reports

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Spain Autos Report Q4 2013
Sep 25th 2013, 00:00, by swapnil

Passenger car sales in Spain declined 3.6% year-on-year (y-o-y) in the first eight months of 2013, to 501,257 units. This follows an 18.3% y-o-y decline in August, to 39,872 units, as the market surged in August 2012. BMI expects the market to continue to decline over the remainder of the year, but we do not expect to see a continuation of the substantial fall in August. We believe that the general moderation in decline over the year to date represents a ‘bounce-back’ effect from years of pent-up demand (and delayed purchasing decisions) in the market, rather than a return of …

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Pakistan Shipping Report Q4 2013:Automotive & Transportation Market Research Reports

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Pakistan Shipping Report Q4 2013
Sep 25th 2013, 00:00, by swapnil

Recovery On The Cards For Fiscal 2013/14 Two major things have impacted our forecasts for the Pakistani economy since our last quarterly report. First, after widespread revisions to the country’s GDP series, it appears that growth was much weaker than expected in the 2012/13 fiscal year (which ran from July 2012 to June 2013). Economic growth in the revised national accounts data in fact declined to a three-year low of 3.6%. That said, the second point is that a number of factors confirm good recovery prospects for 2013/14. On the political front the clear victory for the Pakistan Muslim League-Nawaz …

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Singapore Autos Report Q4 2013:Automotive & Transportation Market Research Reports

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Singapore Autos Report Q4 2013
Sep 25th 2013, 00:00, by swapnil

When the Monetary Authority of Singapore (MAS) introduced tough new restrictions on car loans in February, BMI said that Certificate of Entitlement (COE) prices would dip in the short-term but stay historically elevated (see ‘Middle-Class To Bear Brunt Of Loan Curbs’, February 27). True enough, although COE prices initially dipped, they have since rebounded and are now back above SGD70,000 (US $55,000) for both Category A (1600cc and below) and Category B (above 1600cc) cars. Possible Reasons For The Recent Loan Curbs While consumers have clamoured for restrictions on car loans in the past few years to cool the overheated …

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Mexico Shipping Report Q4 2013:Automotive & Transportation Market Research Reports

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Mexico Shipping Report Q4 2013
Sep 25th 2013, 00:00, by swapnil

We remain optimistic toward Mexico’s long-term growth outlook on the back of a booming manufacturing sector, an increasingly strong private consumer and favourable demographics. As a result we retain a cautious optimism towards the country’s shipping sector. That said, we believe Mexico’s ability to reverse its severe macroeconomic imbalances and generate the robust growth necessary to propel it to ‘developed market’ status still hinges on the passage of substantive energy sector reform. As we continue to expect the economy will slow in 2013 on the back of moderating external demand, with the manufacturing sector struggling to gain traction, and potential …

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Indonesia Shipping Report Q4 2013:Automotive & Transportation Market Research Reports

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Indonesia Shipping Report Q4 2013
Sep 25th 2013, 00:00, by swapnil

BMI View: Reduction of Fuel Subsidies Will Lower Growth In Short Term A key development in June has prompted BMI to revise its economic outlook for Indonesia this year. On June 22 the government raised the prices of subsidised premium petrol and diesel by 44.4% and 22.2% respectively. This led to an inflation spike (the annual rate of inflation rose to 8.6% in July) and to a tightening of monetary policy by Bank Indonesia (BI) which raised the benchmark interest rate by 25 basis points in June and by another 50bps in July. BMI’s view is that both moves are …

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Romania Autos Report Q4 2013:Automotive & Transportation Market Research Reports

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Romania Autos Report Q4 2013
Sep 25th 2013, 00:00, by swapnil

In the first six months of 2013, passenger car sales in Romania decreased 26.4% y-o-y, to 24,549 units. BMI maintains a particularly bearish outlook for GDP growth in Romania, and private consumption more specifically, and we forecast an 18% decline in the segment over the year. In 2012, passenger car sales in the country declined 23.7%, to 72,179 units. In 2012, passenger car sales in the country declined 23.7%, to 72,179 units. Unemployment increased in 2012, and access to consumer credit remains weak. We expect these trends to continue into 2013. This outlook has informed our passenger car sales forecasts …

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