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Follow on Google News | "Kuwait Autos Report Q2 2011" is now available at Fast Market ResearchNew Transportation research report from Business Monitor International is now available from Fast Market Research
Inflation in the Kuwaiti economy has been a worry of late. A recent IMF study estimates that inflation will average 3.6% over 2011. With the price of oil rising due to political uncertainties in the Middle East and North Africa, Kuwait's oil based export economy has a current account with a healthy surplus. However, despite our relatively bullish outlook for growth, constant tensions on the political arena could pose significant threats to Kuwait's economic outlook. Despite being the one Gulf Cooperation Council (GCC) state with a functioning parliament, Kuwait scores relatively low in our short-term political risk ratings (73.1 out of 100), which may continue to deter investors away from its assets. Indeed, Kuwait's Prime Minister Sheikh Nasser Mohammed al-Sabah narrowly survived a confidence vote at the beginning of 2011 (the second in just one year), supported by only 25 out of 50 MPs, while 22 voted against him. Subsequently, with the government expecting GFCF to be among the major drivers of economic growth over the coming years, the investment outlook could deteriorate, should the political situation not stabilize. Meanwhile, the Kuwaiti dealer for Japan's Lexus, Mohamed Naser Al Sayer & Son, has launched a new 'Seven-star Lexus centre' in Shuwaikh, Kuwait. The new impressively designed car dealer centre on Canada Dry Street hopes to boost the company's sale of Lexus units in the country. In general, Kuwait has fallen well behind other Gulf states in terms of auto sales growth in recent years owing to the structure of the economy. A lack of diversification has prevented the kind of consumer boom seen in the UAE, Oman, Bahrain, and Qatar, with stagnation in the retail sector. For Japanese and European carmakers, there is still room for growth. A lack of data from auto majors makes it hard to track trends, although there are indications that the SUV segment is growing, while the luxury segment is contracting. Luxury car sales are set to fall 5% over the next five years in sharp contrast to other Gulf states where the segment is forecast to keep growing. For more information or to purchase this report, go to: - http://www.fastmr.com/ Report Table of Contents: SWOT Analysis - Kuwait Auto Sector SWOT - Political SWOT Analysis - Economic SWOT Analysis - Business Environment SWOT Analysis Regional Overview Business Environment Ratings - Table: Middle East And Africa Business Environment Ratings Industry Forecast Scenario - Production And Sales - Kuwait Auto Sector - Historical Data And Forecasts Macroeconomic Forecast Scenario - Table: Kuwait - Economic Activity Competitive Landscape - Industry Developments - Regional Developments - Automotive Parts - Luxury Cars - Retail Company Monitor - SUV Demand Drives Chevrolet's Regional Growth Company Profiles - Arabian Motors Group - Kuwait Automotive Imports - Alghanim Automotive Country Snapshot: Kuwait Demographic Data - Section 1: Population - 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, 1997-2006 - Table: Consumer Expenditure, 2000-2012 BMI Methodology - How We Generate Our Forecasting Model - 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/ 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. # # # 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. End
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