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Saudi Arabia Freight Transport Report Q2 2015

69 Pages BMI Research SKU: BMI5518742

BMI View: The outlook for the Saudi Arabian freight transport sector in 2015 is positive, and we forecastrobust growth across all freight modes. Rail freight in particular will perform well as the country ramps upits mineral exports, utilising newly developed freight lines like the North-South Railway. Despite the fall inthe oil price through the end of 2014 we expect that the economy will continue to grow, driven in large partby private consumption. As a result, demand for containerised goods imports will be strong, boosting boxthroughput at container ports and intermodal volumes on the roads.

Headline Industry Data

Total Saudi Arabian trade set to grow by 3.3% in 2015 in real terms, with imports growing 5.5% andexports by 1.1%. Real trade growth will average 2.5% to 2019.

Air freight volumes set to grow 6.3% in 2015, to reach 1.18mn tonnes. Growth to 2019 to average around5% a year.

2015 Jeddah Islamic Port total tonnage throughput forecast to return to growth, expanding by 5.2%.

2015 rail freight volumes forecast to grow by 9.8% in 2015 and to average 11.7% over our forecastperiod.

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Saudi Arabia Freight Transport Report Q2 2015

BMI Research

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