New Market Research Report: Iran Freight Transport Report Q2 2011

Recently published research from Business Monitor International, "Iran Freight Transport Report Q2 2011", is now available at Fast Market Research
 
April 3, 2011 - PRLog -- Global freight transport levels have continued their recovery from the economic downturn and are increasing across the world. The Middle East is a particular growth area for air freight. We continue to see risks to all three core shipping sectors (container and dry and liquid bulk), with overcapacity and a drop in demand continually threatening to push down rates and impinge on lines' profits. As austerity measures take hold in Europe and the US continues to have high unemployment and recover from the downturn sluggishly, shipping levels may slow their growth considerably.

Having posted growth during the downturn of 2009, Bandar Abbas has proven to be a resilient port in the face of adversity, and continued double-digit growth in 2010. However, our outlook for the medium term is not so optimistic. The effect of the sanctions will be felt in the Iranian economy, and this will surely trickle down into the Islamic republic's shipping sector. The development of a railway network should enable Iran to increase its freight transport links with its neighbours.

Headline Industry Data

* 2011 Port of Bandar Abbas throughput growth forecast is 1.4%. Growth is expected to average 2.71% a year to 2015.
 * 2011 rail freight in tonnes growth forecast is 0.77%. It is expected to average 1.66% a year to 2015.
 * 2011 air freight in tonnes growth forecast is 0.49%. It is expected to average 0.73% a year to 2015.
 * 2011 total trade real growth forecast is 0.29%.


Key Industry Trends

Iranian Shipping Sector Stays Afloat Despite US Sanctions

As the US continues to target the Iranian shipping sector with stringent sanctions in a bid to halt the Islamic Republic's alleged nuclear-weapons development programme, the nation's shipping companies are finding it increasingly difficult to operate. BMI notes, however, that the sanctions have not brought the nation's carriers to a complete standstill and that the government is looking for ways to increase throughput at Iranian ports.

Heavy Investment In Railway Development

Like the countries of the Arabian Peninsula, Iran is investing heavily in developing its rail infrastructure and is hoping to attract US$25bn-worth of investment in the coming years.

Pressure Mounts On IRISL

Two further blows were dealt to Islamic Republic of Iran Shipping Lines (IRISL) in January. The setbacks for IRISL are serious ones for the company. South Korean shipyard Hyundai Mipo Dockyard announced that it is to stop constructing seven vessels that were ordered by the Iranian shipping company in June 2008. The 33,770 deadweight tonne (DWT) bulkers were signed for by IRISL for US$292mn. However, it seems the company is now no longer able to pay for the work. US sanctions against IRISL, which the US claims is instrumental in supporting Iran's alleged nuclear weapons programme through providing transportation and logistics, prohibit providing any sort of financing to the shipping company.

Key Risks To Outlook

The sanctions imposed on Iran provide considerable risk to our forecasts. With the nuclear-energy development programme, which the Iranians insist is not for the development of weapons, elevated to the status of a national cause, it seems unlikely that it will be dropped anytime soon. Equally determined are the US and its allies; as such the uncertainty brought about by the sanctions is likely to continue for some time.

Equally, as Iran is so reliant on the export of its oil to feed its economy, any fluctuation in the price of fossil fuels could provide risk to our projections.

For more information or to purchase this report, go to:
-  http://www.fastmr.com/prod/128754_iran_freight_transport_...


Report Table of Contents:

SWOT Analysis
- Iran Freight Industry SWOT
- Iran Political SWOT
- Iran Economic SWOT
- Iran Business Environment SWOT
Market Overview
- Road
- Rail
- Air
- Maritime
Industry Trends And Developments
- Rail
- Maritime
Global Oil Products Price Outlook
- Table: Oil Product Price Assumptions, Q410-Q411 (US$/bbl)
- Table: Oil Product Price Data And Forecasts, 2008-2015 (US$/bbl)
Industry Forecast
- Air Freight
- Table: Air Freight, 2008-2015
- Road Freight
- Table: Road Freight, 2008-2015
- Rail Freight
- Table: Rail Freight, 2008-2015
- Maritime Freight
- Table: Port Of Bandar Abbas' Container Throughput, 2008-2015 (TEUs and % change y-o-y)
- Trade Outlook
- Table: Trade Overview, 2008-2015
- Table: Key Trade Indicators, 2008-2015 (US$mn and % change y-o-y)
- Table: Iran's Main Import Partners, 2002-2008 (US$mn)
- Table: Iran's Main Export Partners, 2002-2008 (US$mn)
Company Profiles
- Iran Air
- Islamic Republic Of Iran Shipping Lines (IRISL)
Country Snapshot: Iran Demographic Data
- Section 1: Population
- Table: Demographic Indicators, 2005-2030
- Table: Rural/Urban Breakdown, 2005-2030
- Section 2: Education And Healthcare
- Table: Education, 2002-2005
- Table: Vital Statistics, 2005-2030
- Section 3: Labour Market And Spending Power
- Table: Employment Indicators, 1996-2005
- Table: Consumer Expenditure, 2000-2012 (US$)
- Table: Average Annual Manufacturing Wages, 2000-2012
BMI Methodology
- How We Generate Our Industry Forecasts
- Transport Industry
- 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 http://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 http://www.fastmr.com or call us at 1.800.844.8156.

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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.
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