New Market Research Report: Malaysia Freight Transport Report Q1 2016

We expect strong growth for trade in Malaysia over the coming years, boosting freight volumes for all modes. Rail will experience the biggest increase, catering for construction material transfers while road freight will dominate in terms of tonnage with industries utilising the country's extensive road network for their cargo transfer needs. Air freight will experience slow, steady growth limited by functional and cost constraints. Rising consumer demand in the growing economy is also contributing to our positive outlook with the recently agreed Trans-Pacific Partnership presenting further growth potential over the medium to long term.

Malaysia has enjoyed economic growth since 2010 and we forecast growth to continue over the medium term, although at slightly lower rates than previous years. For the years 2010-2014 real GDP average is estimated to have reached 5.7%, while we anticipate an average of 4.6% for years 2015-2019. Freight, particularly for road, benefits from increasing consumer demand driven by relatively low unemployment rates (4.1% average 2015-2019) and inflation rates remaining lower than average wage growth. Malaysia oil production has declined significantly over the past decade however it remains a net exporter of oil and natural gas and so current low oil prices are having an effect on government revenues. With domestic demand for energy increasing and the country's oil reserves decreasing we forecast that by 2017 Malaysia will become a net importer of oil.

Full Report Details at
- http://www.fastmr.com/prod/1063196_malaysia_freight_transport.aspx?afid=301

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

Key Benefits

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

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