Peru Freight Transport Report Q1 2016 - New Study Released

Peru's freight sector will continue to have mixed growth rates in 2016, with a contraction in rail freight volumes of 2.48%, slowing growth in road freight at 1.05%, and the strongest growth in air freight at 2.75%. Rail freight has been affected by low exports of copper and generally subdued metals prices, while road freight growth will improve on 2015 estimates due to moderate growth in trade activity and construction sector growth. Rising private consumption leading to stronger demand for consumer electronics will benefit the air freight sector the most, hence the strongest growth forecast for this transport mode.

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The economy in Peru is steadily improving and we forecast GDP growth at 3.8% for 2016, up from 2.2% estimated for 2015. August and September 2015 have however seen below expectations growth rates in GDP. The moderate growth is largely due to a slowdown in Peru's mining fuelled economy as mineral prices have been weaker. Rising copper production from new mines has on the other hand helped underpin official forecasts for a recovery, and economic growth has increased mainly because of mining. 2015 has seen a recovery in fishing, manufacturing and mining sectors, which will help the economy in the coming year and over the medium term. Unemployment has also been at its lowest of the year in the last two months. Going forward, Chinese investments in Peru will benefit the economy as the country seeks to accelerate their developments particularly through building major infrastructure projects, positively impacting the freight sector.

The Peru 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.

BMI Research's Peru Freight Transport Report provides industry professionals and strategists, sector analysts, investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the Peruvian freight transport and logistics industry.

Key Benefits

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

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