Business Monitor International


Belgium Freight Transport Report

Published 17 February 2014

  • 79 pages
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  • Includes 3 free updated quarterly reports
 
$1,295.00
Belgium Freight Transport Report

Following a year in which BMI believes saw increasing volumes in most of the freight modes, 2014 will signal more pronounced growth across the whole freight transport sector, although it will continue struggling to return to pre-downturn levels.

Total trade is projected to pick up with our Country Risk desk forecasting a y-o-y increase of 4.0% in 2014 following an estimated growth of 1.4% in 2013.

Road freight is to continue to dominate the sector and is projected to grow by 0.5% in 2014. The mode did not manage to defy the downturn and so far appears to be struggling to recover to its pre-2008 volumes.

BMI notes that inland waterway freight fully recovered its 2006 levels thanks to two years of strong growth. The return to growth in box throughput is projected at the country's major seaports.

Headline Industry Data

  • 2014 Air freight tonnage is expected to grow by 2.2%

  • 2014 Rail freight is forecast to grow by 3.0%

  • 2014 Port of Antwerp throughput is forecast to grow by 4.7%

  • 2013 Port of Antwerp container throughput is forecast to grow by 2.0%

  • 2014 Road freight is forecast to grow by 0.5%

  • 2014 Inland waterway freight is forecast to grow by 1.8%

  • 2014 Total real trade growth is forecast at 4.0%.

Key Industry Trends

Antwerp Registers 3.0% Rise in Freight Volume- The Belgian port of Antwerp registered a 3.0% year-on-year (y-o-y) rise in freight volume to 143.01mn tonnes in the first nine months of 2013. Liquid bulk increased most, while container volumes dropped by 1.7% to 6,404,791 TEUs.

P3 Network Selects Antwerp as European Platform- The P3 Network (Maersk, MSC and CMA CGM), has selected the port of Antwerp as its European platform. The move will strengthen the port's competitive position in the region.

DB Schenker Logistics Expands Operations in Belgium- DB Schenker Logistics has opened a new logistics centre located in Zwevegem, Belgium. The EUR13mn facility offers the customers in the Belgian provinces of Hainault and West and East Flanders faster...

Table of Contents

BMI Industry View
7
SWOT
9
Freight Transport
9
Political
10
Economic
11
Industry Forecast
12
Road Freight
14
Table: Road Freight
16
Inland Waterways
16
Table: Belgium Transport Network Overview
17
Table: Inland Waterway Freight
18
Rail Freight
19
Table: Rail Connection Overview Between Belgium And Its Neighbours
19
Table: Rail Freight
20
Air Freight
20
Table: Air Freight
21
Maritime Freight
22
Table: Maritime Freight
23
Trade
24
Table: Trade Overview
24
Table: Key Trade Indicators
25
Table: Top Import Destinations, 2004-2011, US$mn
27
Table: Top Export Destinations, 2004-2011, US$mn
27
Market Overview
29
Industry Trends And Developments
33
Maritime Freight
33
Intermodal And Logistics
34
Company Profile
35
Brussels Airlines Cargo
35
Port of Antwerp International (PAI)
37
Euronav
39
SNCB Logistics
42
Political Outlook
45
Political Risk Analysis
45
Table: Political Overview
47
Oil Price Outlook
48
Global Oil Product Price Outlook
48
Methodology
48
Crude Price Forecasts
48
Table: BMI's Oil Price Forecasts, Average Price (US$/bbl)
49
Variance Across Product Markets
49
Narrower US Market Crude-Product Spreads
52
Weak Demand Persists
53
Risks To Outlook
54
Table: BMI's Refined Products Forecasts, US$/bbl
54
Supply: Supported By Global Refining Capacity
55
Naphtha: US Gas Hits Demand
59
Gasoline And Gasoil/Diesel: Subsidies & Fuel Efficiency Cap Upward Movement
61
Jet Fuel: Limited Upward Movement
63
Table: Total Air Freight And Passenger Volumes
65
Bunker Fuels: Sulphur Control To Hit Rotterdam Hardest
65
Macroeconomic Forecasts
69
Economic Activity
69
Table: Belgium - Economic Activity
72
Demographic Forecast
73
Table: Belgium's Population By Age Group, 1990-2020 ('000)
74
Table: Belgium's Population By Age Group, 1990-2020 (% of total)
75
Table: Belgium's Key Population Ratios, 1990-2020
76
Table: Belgium's Rural And Urban Population, 1990-2020
76
Methodology
77
Industry Forecast Methodology
77
Sector-Specific Methodology
78
Sources
79

The Belgium Freight Transport Report has been researched at source, and features latest-available data covering commercial transport and logistics by road, rail, air and water; industry forecasts, company rankings covering leading national and multinational operators; and analysis of latest industry trends, opportunities, projects and regulatory changes.

Business Monitor International (BMI)'s Belgium Freight Transport Report provides industry professionals and strategists, sector analysts, investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the Belgian freight transport and logistics industry.

Key Benefits

  • Benchmark BMI's independent freight transport industry forecasts on Belgium to test other views - a key input for successful budgetary and planning in the strategic freight transport market.
  • Target business opportunities and risks in the Belgian freight transport sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Belgium.
  • Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs, and latest activity).

Coverage

Executive Summary

Summary of BMI's key industry forecasts, views and trend analysis covering freight transport and logistics, regulatory changes, major investments and projects and significant national and multinational company developments.

Industry SWOT Analysis

Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the freight sector and within the broader political, economic and business environment.

Industry Trends And Developments

Analysis of latest projects across the freight transport sector (road, rail, air, sea and logistics) including market overview which provides an outline of the key elements driving development.

BMI Industry Forecasts

Historic data series and forecasts to end-2017 for all key industry and macroeconomic indicators, supported by explicit assumptions, plus analysis of key downside risks to the main forecast, including:

Transport Sector: Sector Value (US$bn); sector real growth (%); employment (`000); total freight carried by road, rail, inland waterways, maritime, air and pipeline (mn tonnes-km/mn tonnes)

Trade: Exports and imports (US$mn) by category of goods (manufactured goods, food, chemicals etc.); top-5 import and export trade partners (US$mn); imports/exports to each global region (US$mn)

Port Data: Throughput (`000 tonnes) and container throughput (TEU) for all major ports in the state

Oil Products Prices: Price forecasts for gasoline and aviation fuel (US$/bbl) at all major global energy trading hubs

Economic Indicators: Nominal GDP (US$bn); real GDP growth (%); GDP per capita (US$); industrial production (%); unemployment (%)

Market Overview

Details of the freight infrastructure in each state by segment (road, rail, air, water and pipelines). Full analysis of the competitive landscape within each segment.

Political Outlook

The freight reports contain a chapter detailing the political outlook of a given region, examining the domestic politics, long-term outlook and foreign policy, and assessing the impact this could have on freight and transport businesses.

Company Profiles

Examines the short- to medium-term business strategies of key industry players. Strategy is examined within the context of BMI's industry forecasts, our macroeconomic views and our understanding of the wider competitive landscape to generate Company SWOT (Strengths, Weaknesses, Opportunities and Threats) analyses. The latest financial and operating statistics and key company developments are also incorporated within the company profiles, enabling a full evaluation of recent company performance and future growth prospects.

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Testimonials

'An essential, multi-faceted research tool. BMI’s thorough understanding of the major market players enables an informed – and informative – review of the sector’s actual performance, together with useful insights into current industry issues, which are topped-off with detailed and invaluable forecasts of industry and macroeconomic trends.’

Senior Research Analyst, ABC International Bank plc