Market Report, "Greece Freight Transport Report 2016", published

From: Fast Market Research, Inc.
Published: Mon Jan 18 2016


The implementation of a third bailout agreement between Greece and the troika of international lenders (the IMF, EU Commission, and ECB) has eased the immediate pressures on the Greek economy and its key sectors. Greece's current account will remain firmly in surplus over the short term, reducing the potential for funding strains to emerge in the financial account. This will mainly reflect capital controls restricting imports. The surplus is forecast to narrow gradually as capital controls are eventually lifted and as modest economic recovery gains traction. Nevertheless, the country's longer-term economic outlook remains poor, and the result of the September election is set to solidify this view.

Export growth will be one of the key drivers of a recovery in the Greek economy. We believe there will be moderate growth in trade over the medium term, with export outpacing import growth at 3.0% and 4.0% respectively. Planned privatisation for large parts of the freight sector will facilitate trade and consequently the Greek economy. We remain that net exports will be dependent on the mixed eurozone outlook, and a slight recovery in imports and weak demand from key eurozone trading partners will slow the pace of trade rebalancing.

Full Report Details at
- http://www.fastmr.com/prod/1109861_greece_freight_transport.aspx?afid=301

Road freight dominates the freight mix and will continue to do so over the medium term despite its poor competitiveness. Rail comes at a distant second, however, privatisation and investment over the medium term will lead to further growth and opportunities for the sector to expand and increase its share of the freight mix. Air freight will continue to be the smallest of all freight modes, but privatisation will accelerate growth over the medium and longer term.

Headline Industry Data

Air freight cargo volume estimated to grow by 11.4% to 67,200 tonnes in 2015, and forecast to grow by 2.8% in 2016.
Rail freight volume estimated to contract by1.1% % to 2.29mn tonnes in 2015, and forecast to grow by 4.5% in 2016.

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

Key Benefits

* Benchmark BMI's independent freight transport industry forecasts on Greece to test other views - a key input for successful budgetary and planning in the strategic freight transport market.
*

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- Ukraine Freight Transport Report 2016
- South Africa Freight Transport Report Q1 2016
- Singapore Freight Transport Report Q1 2016
- Kuwait Freight Transport Report Q1 2016
- Indonesia Freight Transport Report Q1 2016

Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

Visit website »