Free Submission Public Relations & NewsPR-inside.com
Home
Deutsch English

Industries

New Market Report Now Available: Nigeria Freight Transport Report 2014


Print article Print article
2013-12-04 13:47:00 - Fast Market Research recommends "Nigeria Freight Transport Report 2014" from Business Monitor International, now available

There will be strong growth across all freight sectors in Nigeria in 2014 and through the medium term. There is growing interest in air freight in the country, from regional and international players, there is significant investment going into the ports sector, and the rail freight sector is being relaunched. This will be supported by a growing population with increasing wealth for disposable goods, coupled with a burgeoning non-oil manufacturing sector. While there are risks given infrastructure lags and potential political risk in the run-up to 2015 elections, we are confident that the outlook for the freight transport sector in Nigeria is bright.

Headline Industry Data

* 2014 air freight tonnes-km forecast to grow by 10.7% and to average 9.9% to

2018.
* 2014 Port of Lagos tonnage throughput is forecast to increase by 6.7% and to average 6.0% to 2018.
* 2014 rail freight tonnes-km to grow by 9.6% and to average 9.0% to 2018
. * 2014 trade growth forecast at 7.8% and to average 6. 3% to 2018.

Full Report Details at
- www.fastmr.com/prod/723485_nigeria_freight_transport_report_2014 ..

Key Industry Trends

Growing Interest In Air Freight: Nigeria's air freight sector was characterised in 2013 by a host of companies introducing or extending their coverage of the West African giant. This is a trend we believe will continue into 2014; and not only connecting to Europe, as has been the case traditionally. We also see scope for growing numbers of connections both regionally within Africa, but also with the Middle Eastern hubs in Dubai, Abu Dhabi and Qatar.

New Ports And Port Expansions To Cater For Growing Container Demand: There have been a number of developments in West African ports. In October 2011, APMT announced it was expanding the capacity of its container terminal at the Lagos port of Apapa to 1mn TEUs, which would make it the largest in terms of capacity in West Africa.

Rail Freight Back On Track: BMI believes that the rejuvenation of Nigeria's railway network, which had decayed over many years of underinvestment and neglect, could help ease some of the woes at the country's ports. The use of rail over trucks to transport containers from maritime facilities could help ease container backlogs and reduce congestion on Nigeria's roads.

Key Risks To Outlook

In terms of downside risk, BMI believes that a concerted effort must be made by West African states if the growing piracy problem in the region is to not escalate any further. Any failure to curb this growing crisis could come to affect regional economic activity, as evidenced by the fact that product tanker companies are now charging charterers premiums to operate in the region.

Other downside risks come from the risk of violence as the 2015 election approaches. Equally, should there be a significant drop in the oil price, the Nigerian consumer could be hit

Report Table of Contents:

BMI Industry View
SWOT
- Freight Transport
- Political
- Economic
- Business Environment
Industry Forecast
- Table: Air Freight
- Table: Maritime Freight
- Table: Rail Freight
- Table: Trade Overview
- Table: Key Trade Indicators
- Table: Nigeria's Main Import Partners, 2004-2011
- Table: Nigeria's Main Export Partners, 2004-2011
Market Overview
Industry Trends And Developments
Company Profile
- Arik Air (Cargo)
Political Outlook
- Domestic Politics
- Long-Term Political Outlook
- Table: Nigeria Political Overview
Oil Price Outlook
- Global Oil Product Price Outlook
- Methodology
- Crude Price Forecasts
- Table: BMI's Oil Price Forecasts, Average Price (US$/bbl)
- Variance Across Product Markets
- Narrower US Market Crude-Product Spreads
- Weak Demand Persists
- Risks To Outlook
- Table: BMI's Refined Products Forecasts, US$/bbl
- Supply: Supported By Global Refining Capacity
- Naphtha: US Gas Hits Demand
- Gasoline And Gasoil/Diesel: Subsidies & Fuel Efficiency Cap Upward Movement
- Jet Fuel: Limited Upward Movement
- Table: Total Air Freight And Passenger Volumes
- Bunker Fuels: Sulphur Control To Hit Rotterdam Hardest
Macroeconomic Forecasts
- Economic Analysis
- Table: Nigeria - Economic Activity
Demographic Forecast
- Demographic Outlook
- Table: Nigeria's Population By Age Group, 1990-2020 ('000)
- Table: Nigeria's Population By Age Group, 1990-2020 (% of total)
- Table: Nigeria's Key Population Ratios, 1990-2020
- Table: Nigeria's Rural And Urban Population, 1990-2020
Methodology
- Industry Forecast Methodology
- Sector-Specific Methodology
- Sources

About Business Monitor International

Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets. BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports. Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including in-depth quarterly Country Forecast Reports. View more research from Business Monitor International at www.fastmr.com/catalog/publishers.aspx?pubid=1010

About Fast Market Research

Fast Market Research is an online aggregator and distributor of market research and business information. We represent the world's top research publishers and analysts and provide quick and easy access to the best competitive intelligence available.

For more information about these or related research reports, please visit our website at www.fastmr.com or call us at 1.800.844.8156.


Author:
Bill Thompson
e-mail
Web: www.fastmr.com
Phone: 18008448156

Disclaimer: If you have any questions regarding information in these press releases please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims contents contained in this release.
Latest News
Read the Latest News
www.newsenvoy.com

 


Terms & Conditions | Privacy | About us | Contact PR-inside.com