Argentina Shipping Report Q1 2016 - New Market Study Published

From: Fast Market Research, Inc.
Published: Mon Nov 02 2015

Our outlook for the Argentinian port sector is continuing to look better than it has been for some time. In 2016, we forecast growth, albeit modestly, both in tonnage and throughput volumes at several of the country's maritime facilities. Weaker private consumption will continue to reduce imports in the next year, while a weaker exchange rate will slightly improve the competitiveness of exports, which will have a positive outcome for port volumes. Government intervention, industrial unrest and bureaucratic requirements will continue to disrupt the industry, while easing inflationary pressure supporting growth in household incomes, declining real imports and a boost in soy export volumes will strengthen net export numbers. However, we sill forecast a moderate expansion due to structural issues still affecting the country.

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