|
|
 |
|
Viewing report
|
|
|
|
Brazil Freight Transport Report Q3 2011
Business Monitor International, June 2011, Pages: 59
Business Monitor International's Brazil Freight Transport Report provides industry professionals and strategists, corporate analysts, freight transportation associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Brazil's freight transportation industry.
BMI expects strong growth and continued investment in the Brazilian freight transport sector in Q211. Growth will continue on the back of exports to Asia, particularly China, and rising domestic consumer spending, which should see increased demand for imported goods. The pace of growth of Brazilian trade has been rapid and it has outpaced the country's freight transport sector. With increases in traffic expected across the board in the run up to Brazil's hosting of both the 2014 World Cup and the 2016 Olympic Games, we expect to see more investment in infrastructure, both public and private, as the sector seeks to deal with growing traffic and to capitalise on increasing trade opportunities.
Key Industry Data
- Air freight tonnes to grow 6% in 2011. Over the medium term, to 2015, we predict growth average annual of 7%.
- Air freight tonnes/km are set to grow 5% in 2011. To 2015 we predict average annual growth of 7%.
- Total tonnage throughput at the port of Santos to grow 12% in 2011. To 2015 we predict average annual growth of 11%.
- Rail freight tonnes to grow by 9% in 2011. To 2015 we predict average annual growth of 9%.
Key Industry Trends
TAP Sees Bright Future For Brazilian Airfreight, But Bottleneck Fears Persist Portugal's TAP Cargo has announced that it expects an 18% rise in the amount of airfreight it carries in Brazil this year. This ties in with BMI's positive forecasts for the sector, with upside potential presented by the country's preparations to host the 2014 World Cup and the 2016 Olympics. However, with 13 of the country's 20 largest airports currently operating above capacity we maintain our view that investment is needed now to ensure that the country does not run out of airport space well before it hosts the world's biggest sporting events.
TAP is Portugal's largest airfreight company. On the back of positive 2010 results the company has announced that it expects an 18% increase in the amount of airfreight it carries in Brazil this year. Brazil has become a vital market for TAP. From June it will operate 74 weekly services to 10 Brazilian cities. 'In 2010, we reached a perfect operational balance: we transported 17,000 tonnes from Portugal to Brazil and then 17,000 from Brazil to Portugal', said Pedro Mendes, TAP Cargo's director in Brazil. This increase in volume was instrumental in helping the company reach a record breaking 94,000 tonnes carried in 2010, a year-on-year increase of 24% on 2009. The highest growth was achieved in cargo originating from Europe with final destination Brazil in transit through Portugal.
Antwerp Signs Cooperation MoU With Brazil's CODESA The trend of major European ports offering their expertise to ports in emerging states continues with Port of Antwerp International (PAI), a subsidiary of the Antwerp Port Authority (APA), signing a memorandum of understanding (MoU) with Brazil's Companhia Docas do Espirito Santo (CODESA), the port of Vitória authority. BMI believes the deal will prove beneficial to both parties, as the port of Vitoria will benefit from the experience of Europe's second-largest port operator and PAI will gain a foothold in what is one of the Americas' most important and high-potential port markets.
Under the agreement, the two parties declared their intention to collaborate as strategic partners on the development of a new deep-sea container terminal in the port of Vitória, in the state of Espírito Santo. In the first phase the collaboration will focus on consultancy; in subsequent phases a deeper involvement will be investigated in terms of investment, training and development of commercial relations. The new container port should be operational within three to five years. The MoU was signed by Angelo Baptista, CEO of CODESA, and by Marc Van Peel and Yannick Dufraimont, respectively chairman and CEO of PAI.
Risks To Outlook
One of our main risks to outlook is on the downside. Many of the recent developments in Brazil's freight transport sector have been on the back of Chinese demand for Brazilian exports. Any downturn in Chinese demand would have a negative effect on Brazilian exports and therefore on Brazil's freight transport sector.
An upside risk to our forecasts is presented by Brazil's hosting of the 2014 World Cup and the 2016 Olympics. We expect to see more freight coming into the country as it prepares to host the world's biggest sporting events. We also expect to see more investment in the country's freight transport infrastructure as it prepares for the expected increase in traffic.
Product samples
A sample for this product is available. Please Login/Register to download this sample.
|
|
|
|
