Iran Freight Transport Report Q4 2015
BMI View: An agreement was reached between Iran and the P5+1 powers in Vienna in July which shouldsee all sanctions against the Middle Eastern country removed in 2016. This is highly positive news for thefreight transport sector in Iran, in particular the shipping sector and the country's pipelines, as it willresume oil exports in full. With regards the rest of the freight transport mix, growth will be slow initially asthe economy will take some time to recover. Nevertheless, growth will accelerate over the course of ourmedium-term forecast period to 2019, across all freight modes.
We forecast total road freight volumes will rise by 0.8% in 2015 to reach 109mn tonnes. Growth will be2.8% in 2016.
We forecast total rail freight volumes will rise by 0.3% in 2015 to reach 33.03mn tonnes. Growth will be1.5% in 2016.
We forecast total air freight volumes will rise by 0.3% in 2015 to reach 98,740 tonnes. Growth will be1.2% in 2016.
We forecast total nominal trade value to rise by 7.5% to reach USD251bn in 2015. Growth will be 7.6%in 2016.
The top trade partners will be the UAE, China, India, South Korea and Turkey.
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