Recently published research from Business Monitor International, "Poland Freight Transport Report Q1 2016", is now available at Fast Market Research
[ClickPress, Fri Jan 22 2016] Our forecasts for growth in all freight modes in 2016 go in line with 2015 estimates reflecting economic recovery in Poland and major European trading partners. Air freight cargo will see the fastest growth although in terms of tonnage carried, while air freight remains negligible as more than 84% of freight transported on road. Important investment in both road and rail network upgrades will mean increased capacities to accommodate improved domestic demand and imports and growing exports due to bett er performing economies in the e urozone. Over the medium term this trend will be sustained with total trade growth in Poland projected to average 5.0% in the 201 7 -2019 period.
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Poland has achieved positive GDP growth rates throughout the recent economic depression, unlike many other European countries, and inflation rates have remained low, helping domestic demand to increase and boost import volumes. Wage levels have not been as stable as other economic indicators, with varying growth between business sectors restraining great expansion in consumer demand. Whole economy (non primary) annual wage growth in 2016 is projected at 1.2%, with unemployment forecast at 9 .0% - only marginally lower from 2015 estimates of 9.5%. The real GDP growth estimate for 2015 is 3.4%, anticipated to rise to 3.9% in 2016, supporting our outlook that the trend of growing import volumes driven by consumer demand will continue in the short term. On the other side of trade, exports will increase as significant importers of Polish goods - Germany, the United Kingdom, Czech Republic, France and Russia - are all expected to achieve an increase in imports in 2016. Real GDP growth in 2016 is anticipated at 3.9% and for the eurozone in total 1.7%.
The Poland 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 Poland Freight Transport Report provides industry professionals and strategists, sector analysts, investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the Polish freight transport and logistics industry.
* Benchmark BMI's independent freight transport industry forecasts on Poland 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 Polish freight transport sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Poland.
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