Following a year in which BMI believes saw the recovery resume, 2014 will signal further growth and some of the freight modes return to their pre-downturn levels.
Total trade is projected to pick up with our Country Risk desk forecasting a y-o-y increase of 1.35% in 2014 following an estimated growth of 0.3% in 2013.
Road freight is to continue to dominate the sector and is projected to grow by 2% in 2014. The sector did not manage to defy the downturn losing more than 11% of freight volumes over 2009 and 2010 before a strong recovery begun in 2011.
Port of Hamburg tonnage is also expected to grow, completing a full recovery to its pre-downturn levels in 2014.
Headline Industry Data
2014 Air freight tonnage is expected to grow by 3.0%
2014 Rail freight is forecast to grow by 1.5%
2014 Port of Hamburg tonnage throughput is forecast to grow by 3.7%
2012 Port of Hamburg container throughput is forecast to grow by 2.4%
2014 Road freight is forecast to grow by 2.3%
2014 Inland waterway freight is forecast to grow by 1.7%
2014 Total real trade growth is forecast at 1.4%.
Key Industry Trends
Tough Conditions Force Hamburg Box Expansion Postponement- The tough operating environment facing Northern European ports, with the drop in container volumes - a reaction to the downturn in the eurozone - has led the German port of Hamburg to postpone one of its box expansion plans. Hamburg has announced that it will postpone the development of Westerweiterung (a westward expansion project of the port's Eurogate terminal). The EUR250mn project, which will develop two berths for ultra large container ships and a feeder berth, lifting Eurogate's installed capacity at the port from 4mn twenty-foot equivalent units (TEUs) to 6mn TEUs has been postponed by a year, with its completion date pushed back to 2019.
Lufthansa Cargo's Takes Positive Step with New Lima Route- Lufthansa Cargo's latest addition to its global route - Lima, Peru - is a positive step for the company...
The Germany 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 Germany Freight Transport Report provides industry professionals and strategists, sector analysts, investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the German freight transport and logistics industry.
- Benchmark BMI's independent freight transport industry forecasts on Germany 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 German freight transport sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Germany.
- 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 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-2018 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 (%)
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.
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.
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.