Business Monitor International


Mexico Freight Transport Report

Published 02 April 2014

  • 82 pages
  • Instant access to your report online and PDF format through your account library
  • Includes 3 free updated quarterly reports
 
$1,295.00
Mexico Freight Transport Report

After Mexico's real GDP growth came in at 1.1% in 2013, below our initial 1.6% estimate, we have revised our 2014 growth forecast. We now forecast real GDP to expand by 3.3% in 2014, compared to 3.5% previously. We have upgraded our 10-year average real GDP growth from 3.8% to 4.1%, following the passage of energy sector reform, which we expect will garner significant foreign investment in the coming years. 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.

The latest release of GDP data show that manufacturing in Mexico grew 2.9% year-on-year (y-o-y) during the third quarter of 2013. In addition to favourable data out of the US, Mexico's key export market, we note that autos manufacturers Chrysler and  Nissan have indicated plans to expand manufacturing capacity at their plants in Mexico. The passage of energy sector reform will bolster sentiment towards Mexican assets and contribute to stronger real GDP growth in the coming years.

Headline Industry Data

  • Air freight tonnes forecast to grow 3.6% in 2014, to reach 107.9mn tonnes.

  • Road freight tonnes forecast to grow 2% in 2014, to reach 515.6mn tonnes.

  • Rail freight tonnes forecast to grow 4.5% in 2014, to reach 117.018mn tonnes.

  • Port of Manzanillo total tonnage growth in 2014 is estimated to hit 6.2%, to reach 30.5mn tonnes.

Key Trends And Developments

Shipowners Warned Of Drug Cartel Presence At Mexican ports: Shipowners, charters and traders have been warned to check iron ore export cargoes from Mexico are 'legally safe' due to the believed involvement of drug cartels in the country's mining industry.  BMI notes that last year in response to increased criminal activity the Mexican navy took control of two major ports; Manzanillo and Lazaro Cardenas, located in the states Colima and Michoacán respectively.

Lazaro Cardenas To Receive Major Investment: As part of...

Table of Contents

BMI Industry View
7
SWOT
9
Freight Transport
9
Business Environment
10
Economic
11
Political
12
Industry Forecast
13
Air Freight
14
Table: Air Freight
16
Road Haulage
16
Table: Road Freight
18
Rail Freight
18
Table: Rail Freight
20
Inland Waterway
21
Table: Inland Waterway
21
Maritime Freight
21
Table: Table: Maritime Freight
23
Trade
23
Table: Trade Overview
23
Table: Key Trade Indicators
24
Table: Mexico's Main Import Partners (US$mn)
25
Table: Mexico's Main Export Partners (US$mn)
25
Market Overview
26
Industry Trends And Developments
30
Rail
30
Road
31
Maritime
31
Company Profile
33
Grupo M-xico
33
Kansas City Southern de M-xico (KCSM)
37
Aerotransportes Mas de Carga (Mas Air)
42
Regional Overview
44
Political Outlook
44
Domestic Politics
44
Long-Term Political Outlook
47
Global Industry Overview
50
Global Oil Products Price Outlook
50
Table: BMI's Oil Price Forecasts, Average Price (US$/bbl)
50
Table: BMI's Refined Products Forecasts
51
Refiners: Is The Party Over-
53
Jet Fuel: Middle East & Africa Remain Positive As Global Air Traffic Slumps
56
Table: Total Air Freight & Passenger Volumes
58
Gasoline And Diesel: Demand Destruction Takes A Toll
58
Naphtha: Asia Stays Afloat While Europe Sinks
59
Bunker Fuels: Trans-Pacific Route Rebound Amid High Prices
59
Macroeconomic Forecasts
62
Table: Mexico - GDP Contribution To Growth
69
Demographic Forecast
70
Table: Mexico's Population By Age Group, 1990-2020 ('000)
71
Table: Mexico's Population By Age Group, 1990-2020 (% of total)
72
Table: Mexico's Key Population Ratios, 1990-2020
73
Table: Mexico's Rural And Urban Population, 1990-2020
73
Methodology
74
How We Generate Our Industry Forecasts
74
Transport Industry
75
Sources
75

The Mexico 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 Mexico Freight Transport Report provides industry professionals and strategists, sector analysts, investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the Mexican freight transport and logistics industry.

Key Benefits

  • Benchmark BMI's independent freight transport industry forecasts on Mexico 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 Mexican freight transport sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Mexico.
  • Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs, and latest activity).

Coverage

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 (%)

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.

secure
Benefit from discounts when you add multiple products to your basket
2 Products SAVE 10%
3 Products SAVE 15%
4 Products SAVE 20%
5 Products SAVE 25%
6 Products SAVE 30%
7 - 20 Products SAVE 35%
21 Products or more SAVE 40%

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