Business Monitor International


Mexico Shipping Report

Published 01 October 2014

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

BMI remains 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. Nevertheless, we have revised down our 2014 real GDP growth forecast to 3.1% from 3.3%, compared to growth of 1.1% in 2014, due to weak private consumption growth in Q114. 

Following ongoing contractions in the construction sector and a slump in manufactured goods export growth in late 2013 and early 2014 due to weather-related disruptions to production, we expect economic activity to re-accelerate in the coming months. Stronger public investment into infrastructure, after a government transition last year resulted in spending delays, will ensure the construction sector recovers from the contraction it experienced in 2013.

Ongoing signs of stronger US consumption bode well for Mexico's manufacturing sector and we expect manufactured goods, especially those related to the autos segment, to pick up in the coming quarters. An improvement in construction and manufacturing will bolster labour dynamics, which underpin our expectations for private consumption growth to accelerate both in 2014 and 2015.   

Headline Industry Data

  • Port of Manzanillo total tonnage growth in 2014 forecast to be 6.2%, reaching 30.5mn tonnes.

  • Port of Veracruz total tonnage growth in 2014 forecast to be 8.6%, reaching 21.0mn tonnes.

  • Mexico trade real growth forecast at 5.5% in 2014.

Key Trends And Developments

Hutchison's Lazaro Cardenas Expansion Complete: The USD225mn second phase expansion project of Mexico's Lazaro Cardenas Container Terminal (LCT) is complete with the delivery of two new STS Super Post-Panamax cranes and five additional gantry (RTG) cranes.

Mexico To Double Port Capacity Within Six Years: Port infrastructure in Mexico is to double in capacity over the next six years, according to Ricardo Martínez of...

Table of Contents

BMI Industry View
5
SWOT
7
Shipping
7
Political
9
Economic
10
Business Environment
11
Industry Forecast
12
Port Of Manzanillo Throughput
12
Port Of Veracruz Throughput
15
Table: Major Port Data (Mexico 2011-2018)
17
Table: Trade Overview (Mexico 2011-2018)
18
Table: Key Trade Indicators (Mexico 2011-2018)
19
Table: Main Import Partners, 2005-2012
20
Table: Mexico's Main Export Destinations, 2005-2012
21
Market Overview
22
Mexico Container Shipping Market Overview
22
Industry Trends And Developments
29
Shipping - Global Industry View
32
Container Demand:
32
Container Supply:
39
Container Rates:
45
Global Company Strategy
49
Maersk Line
49
Mediterranean Shipping Company (MSC)
62
CMA CGM
67
Evergreen Line
77
COSCO Container Lines Company (COSCON)
84
Macroeconomic Forecasts
91
Table: Mexico - GDP By Expenditure, Real Growth %
96
Demographic Forecast
97
Table: Mexico's Population By Age Group, 1990-2020 ('000)
98
Table: Mexico's Population By Age Group, 1990-2020 (% of total)
99
Table: Mexico's Key Population Ratios, 1990-2020
100
Table: Mexico's Rural And Urban Population, 1990-2020
100

The Mexico Shipping Report has been researched at source and features latest-available data and Business Monitor International (BMI)'s independent forecasting, critically analysing international transport of dry bulk and containers. The report evaluates the global commodities and trade backdrop, alongside in-depth country-specific analysis of trade prospects. The report also contains company profiles covering leading multinational and national shipping companies and analysis of latest industry news, trends and regulatory developments in Mexico.

BMI's Mexico Shipping Report provides industry professionals and strategists, sector analysts, business investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the shipping industry in Mexico.

Key Benefits

  • Benchmark BMI's independent shipping industry forecasts for Mexico to test other views - a key input for successful budgeting and strategic business planning in the Mexican shipping market.
  • Target business opportunities and risks in Mexico through our reviews of latest industry trends, regulatory changes and major deals, projects and investments.
  • Exploit the latest competitive intelligence and company SWOTS on your competitors and peers including multinational and national companies.

Coverage

BMI Industry View

Summary of BMI's key industry forecasts, views and trend analysis covering shipping, major investments and projects and significant multinational and national company developments.

SWOT Analysis

SWOT (Strengths, Weaknesses, Opportunities and Threats) analysis of the state's shipping sector, which carefully evaluates the short- and medium-term issues facing the industry.

Market Overview

Analysis of the capacity, terminals and planned development of the major ports in each country, including data on throughput and total tonnage.

Industry Forecast Scenario

Historic data series (2008-2012) and forecasts to end-2018 for all key industry and macroeconomic indicators (see list below), supported by explicit assumptions, plus analysis of key downside risks to the main forecast, including:

Major port freight throughput (tonnes/teu); overall freight throughput (teu); total imports (US$bn) and exports (US$bn).

Company Profiles

Company profiles include business activities, leading products and services, company strategy, trends and developments and economic performance analysis.

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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