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Follow on Google News | Kuwait Autos Report Q1 2011: New research report available at Fast Market ResearchNew Transportation research report from Business Monitor International is now available from Fast Market Research
Kuwait's GDP is based mainly on oil production and export. As such, it is sometimes difficult to view indicators of growth through standard price fluctuations. However, in an interview in November 2010 reported by Bloomberg, the Central Bank Governor stated that, factoring out oil revenues, 6% GDP growth would be expected for 2010, roughly the same as for 2009. While inflation has also been a worry, a recent IMF study states that inflation would be 4.1% towards the end of 2010, but around 3.6% as an average over the course of 2011. This would suggest that Kuwait has been largely spared from exposure to the most recent EU bail-out contagion. Additionally, thanks to oil based exports, the state also enjoys a current account with a healthy surplus. On the back of these projections of growth, Moody's has upgraded Kuwait's sovereign rating to Aa2, with a stable outlook. A report published in November by Boubyan Bank found that Q310 was the most active in terms of car sales for the previous three years with overall trade volume for Q310 reaching US$420mn, clearly displaying the fact that the worst of the financial crisis was over. In Q310, there were 1.5mn registered vehicles on the road, compared with a high of 1.4mn over the entirety of 2009, the report continued. However, the report also highlighted the recent change in the ratio of trade within the country. As the majority of vehicles are imported into Kuwait, small changes in the prices charged in Europe and the United States can have distortive effects on purchasing prices - a trend which has been exploited by smaller traders, and one which has caused larger agencies to lose market share. For more information or to purchase this report, go to: - http://www.fastmr.com/ Report Table of Contents: Executive Summary SWOT Analysis - Kuwait Auto Sector SWOT - Political SWOT Analysis - Economic SWOT Analysis - Business Environment SWOT Analysis Regional Overview - Change Ahead For The GCC - Trouble In South Africa And Turkey, Uncertainty In Iran - Impact On Production 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, 2007-2015 Competitive Landscape - Industry Developments - Regional Developments - Automotive Parts - Luxury Cars - Retail Company Monitor - Regional Case Study: Nissan Motor - Production - Table: Nissan MEA Production Facilities - Sales - Table: Nissan MEA Distributors 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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