Political uncertainty will continue to affect the Egyptian economy in 2015 as the country continues through its rocky transitional period towards democracy. However, the election of former Field Marshal Sisi to presidency following elections at the end of May 2014 will serve to reduce political risk and will introduce a measure of stability not seen since the ousting of President Mubarak in 2011. His election will provide a veneer of political legitimacy, thereby releasing US aid flows, and should help the economy get back on track. A recovering economy will be felt in the country's ports and shipping services, on its roads and railways, and in its airports, as consumer demand and investment into infrastructure picks up, thereby boosting container and dry and liquid bulk freight transport services.
Increased security will help in reviving tourism and other industries, and serve to boost container volumes through Egypt's ports and on roads and rail. Air freight is set to benefit from this also. Equally, should investment start flowing into the country once more, then dry bulk volumes for infrastructure projects could also see an uptick.
Ongoing investment into the Suez Canal will also ensure continued demand for Egypt's transhipment facilities. The presence of the Suez Canal in Egyptian territory provides an important source of income in fees and associated businesses to the Egyptian economy; those ports expected to see strongest growth in 2015 are those located near the canal, such as East Port Said, which will also benefit from the improving global macroeconomic picture.
Headline Industry Data
Air freight handled at Cairo International Airport is set to grow by 2.8% in 2015 to reach 377,280 tonnes. Over the medium term to 2019, growth will average 4.0% per annum.
Rail cargo will enjoy expansion of 2.0% in 2015, with growth projected to average 2.5% over the medium term.
Total tonnage throughput at East Port Said is forecast to grow by 2.8% to 24.46mn tonnes...
The Egypt 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 Egypt Freight Transport Report provides industry professionals and strategists, sector analysts, investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the Egyptian freight transport and logistics industry.
- Benchmark BMI's independent freight transport industry forecasts on Egypt 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 Egyptian freight transport sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Egypt.
- Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs, and latest activity).
BMI Industry View
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 transport sector and within the broader political, economic and business environment.
BMI Industry Forecasts
Historic data series (2008-2012) and forecasts to end-2019 for all key industry and economic indicators (see list below), supported by explicit assumptions plus analysis of key downside risks to the main forecast including:
- Transport Sector: Total freight carried by road, rail, inland waterways, maritime, air and pipeline (mn tonnes-km/mn tonnes).
- Trade: Exports and imports (USDmn) by category of goods (manufactured goods, food, chemicals etc.); top 5 import and export trade partners (USDmn); imports/exports to each global region (USDmn).
- Port Data: Throughput (‘000 tonnes) for all major ports in the state.
- Oil Products Prices: Price forecasts for gasoline and aviation fuel (USD/bbl) at all major global energy trading hubs.
- Economic Indicators: Nominal GDP (USDbn); real GDP growth (%); GDP per capita (USD); industrial production (%); unemployment (%).
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.
Industry Trends and Developments
Analysis of the latest projects across the freight transport sector (road, rail, air, sea and logistics) including a market overview which provides an outline of the key elements driving development.
The Freight Transport market 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.
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 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.
The Freight Transport Reports draw on an extensive network of primary sources, such as multilateral organisations, government departments, industry associations, chambers and company reports
*Company profiles are not available for every country. Those reports instead contain information on the current activities of prominent companies operating in the market.