Market Report, "Thailand Freight Transport Report Q2 2011", published

Recently published research from Business Monitor International, "Thailand Freight Transport Report Q2 2011", is now available at Fast Market Research
 
May 4, 2011 - PRLog -- Net exports were a significant drag on Thailand's real GDP growth of 6.7% year-on-year in Q310. Although a surprise trade deficit in July was a key reason behind the slowdown, we note that the latest trade figures for October suggest that net exports could rebound in Q410. Going into 2011, we continue to expect relatively subdued real GDP growth of 3.6% compared with an expected 7.5% in 2010 due to expectations of a slowdown in external demand.

The consumer outlook, however, bodes well for the transport sector. A record low unemployment rate of 0.9%, coupled with an improving political situation in Thailand will provide support for consumer spending, in our view. Thus, we reiterate our view that private consumption will remain resilient over the coming quarters. We are estimating private consumption grew by 6.5% in 2010 and will grow by 5.5% in 2011. This bodes well for imports of containerised goods which are driven by consumer demand, and must be freighted via road, rail or air to consumer centres.

Headline Industry Data

* 2011 Port of Bangkok tonnage throughput growth is forecast at 5.4%, and estimated to average 4.4% a year to 2015.
 * 2011 Port of Laem Chabang tonnage throughput growth forecast 8.1%, and to average 6.6% per annum to 2015.
 * 2011 air freight tonnes growth forecast 5.17%, and to average 4.59% per annum to 2015.
 * 2011 rail freight tonnage throughput growth forecast 8%, and to average 7% per annum to 2015.


Key Industry Trends

Trans-Asian Railway Project To Link Asia With Europe

The Lao government expects to begin construction on the 300-mile (481km) railway, which would connect the country to neighbours Thailand and China, in April, according to state media. China is footing 70% of the US$7bn price. The train line is to act as a link for passengers and freight travelling to and from Kunming, the capital of China's Yunnan province.

RCL Expands Its Services

Thailand-based shipping company Regional Container Lines (RCL) introduced a new Asian container shipping service on March 1 2011 that will call at the ports of Sri Lanka, India and Pakistan. The new RPI (RCL Pakistan India) westbound service will visit at the Sri Lankan Port of Colombo every Tuesday on the way to Nhava Sheva in India's Mumbai Port, and Pakistan's Karachi Port as part of a fixed-day service. The eastbound service will also visit Colombo every Friday on the way to Malaysia's Port Klang and Singapore on a fixed-day service. The Colombo calls will be at the state-owned Jaya Container Terminal.

Risks To Outlook

On the upside, we expect Thailand to benefit from increasing intra-Asian trade with it's ASEAN-5 partners.

Our increasingly positive outlook for Thai domestic consumer demand also presents upside risks to our freight transport forecasts.

On the downside, any slowdown in Chinese and Indian demand would have a negative knock-on effect in the region.

For more information or to purchase this report, go to:
-  http://www.fastmr.com/prod/152582_thailand_freight_transp...


Report Table of Contents:

SWOT Analysis
- Thailand Freight Transport SWOT
- Thailand Political SWOT
- Thailand Economic SWOT
- Thailand Business Environment SWOT
Market Overview
- Air
- Rail
- Road
- 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
- Rail Freight
- Table: Rail Freight
- Maritime Freight
- Table: Maritime Freight - Throughput, 2008-2015 ('000 tonnes and % change y-o-y)
- Trade Overview
- Table: Trade Overview, 2008-2015
- Table: Key Trade Indicators, 2008-2015 (US$mn and % change y-o-y)
- Table: Thailand's Main Import Partners, 2002-2008 (US$mn)
- Table: Thailand's Main Export Partners, 2002-2008 (US$mn)
Company Profiles
- Bangkok Expressway PCL
- State Railway of Thailand (SRT)
- Thai Airways International (THAI)
Country Snapshot: Thailand Demographic Data
- Section 1: Population
- Table: Demographic Indicators, 2005-2030
- Table: Rural/Urban Breakdown, 2005-2030
- Section 2: Education And Healthcare
- Table: Education, 2002-2005
- Table: Vital Statistics, 2005-2030
- Section 3: Labour Market And Spending Power
- Table: Employment Indicators, 2001-2006
- Table: Consumer Expenditure, 2000-2012 (US$)
- Table: Average Annual Non-Agricultural Wages, 2001-2012
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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