Business Monitor International


Philippines Freight Transport Report

Published 02 December 2014

  • 82 pages
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  • Includes 3 free updated quarterly reports
 
$1,295.00
Philippines Freight Transport Report

The Philippines freight picture should prove to be a relatively fruitful one in 2015 across all of the modes. Spurring this is news that the Philippines' exports increased 12.4% to USD5.5bn in July, compared with USD4.9bn in the same period a year before, according to the Philippine Statistics Authority on September 10 2014. The National Economic and Development Authority (Neda) has attributed the double-digit rise in export shipments to an increase in overseas sales of agro-based and manufactured goods. 

Shipments of agro-based goods climbed 20.7% to USD447.2mn in July 2014, while exports of manufactured goods increased 15.9% to USD4.4bn. In addition, the country's exports rose 8.5% to USD35.1bn in the first seven months of 2014, compared with USD32.4bn in January-July 2013. However, the looming power shortage in the country has threatened to slow growth, according to Neda director-general and Socio-economic Planning Secretary Arsenio M Balisacan. 'The expected tightness in the supply of power in the coming months could disrupt industrial production, hurting exports,' said Balisacan (Philippine Daily Inquirer).

Leading the way in 2015 in terms of annual growth is set to be the air freight sector (5.54%, down ever so slightly on 2014's 5.58% growth), while the maritime sector will be headed up by the Port of Manila International Container Terminal this year (4.80% year-on-year (y-o-y) gains), which remains the country's second most important facility by tonnage handled, behind Cebu, which will see tonnage handled come in at 3.70% y-o-y.

Headline Industry Data 

  • 2015 air freight tonnage forecast to grow 5.54% to 797,000 tonnes.

  • 2015 port of Cebu tonnage throughput forecast to rise by 3.70% to 33.14mn tonnes.

  • 2015 port of MICT tonnage throughput forecast to increase 4.80% to 22.80mn tonnes.

  • 2015 total trade forecast to grow 5.55%, with exports growing 5.40% compared with import growth of 5.70%.

Key Industry Trends 

Megawide-GMR Consortium To Submit Bids...

Table of Contents

BMI Industry View
7
SWOT
10
Freight Transport
10
Business Environment
12
Economic
13
Political
14
Industry Forecast
16
Cargo
16
Table: Cargo, 2010-2017
17
Air Freight
18
Table: Air Freight, 2010-2017
18
Maritime
18
Table: Maritime Freight, 2010-2017
19
Road And Rail Freight
20
Trade
21
Table: Trade Overview, 2010-2017
21
Table: Key Trade Indicators, 2010-2017
22
Table: Main Import Partners (US$mn)
23
Table: Main Export Partners (US$mn)
23
Market Overview
24
Industry Trends And Developments
29
Maritime
29
Air
29
Road
30
Multimodal
30
Company Profile
32
International Container Terminal Services, Inc (ICTSI)
32
MCC Transport
35
Regional Overview
38
Political Outlook
38
Domestic Politics
38
Table: Philippines Political Overview
40
Long-Term Political Outlook
41
Global Industry Overview
44
Global Oil Products Price Outlook
44
Table: BMI's Oil Price Forecasts, Average Price (US$/bbl)
44
Table: BMI's Refined Products Forecasts
45
Refiners: Is The Party Over-
47
Jet Fuel: Middle East & Africa Remain Positive As Global Air Traffic Slumps
50
Table: Total Air Freight & Passenger Volumes
52
Gasoline And Diesel: Demand Destruction Takes A Toll
52
Naphtha: Asia Stays Afloat While Europe Sinks
53
Bunker Fuels: Trans-Pacific Route Rebound Amid High Prices
53
Macroeconomic Forecasts
56
Bullish Signals For Investment
58
FDI Set To Improve, But Still Has A Long Way To Go
59
(Un)Ease Of Doing Business
60
Expenditure Breakdown
61
Table: Philippines - Economic Activity
62
Demographic Forecast
63
Table: Philippines' Population By Age Group, 1990-2020 ('000)
64
Table: Philippines' Population By Age Group, 1990-2020 (% of total)
65
Table: Philippines' Key Population Ratios, 1990-2020
66
Table: Philippines' Rural And Urban Population, 1990-2020
66
Methodology
67
How We Generate Our Industry Forecasts
67
Transport Industry
68
Sources
68

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

Key Benefits

  • Benchmark BMI's independent freight transport industry forecasts on Philippines 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 Philippine freight transport sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Philippines.
  • 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.

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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