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Research and Markets: Belgium Freight Transport Report Q3 2011 - Pressing economic problems

Dépèche transmise le 31 août 2011 par Business Wire

Research and Markets: Belgium Freight Transport Report Q3 2011 - Pressing economic problems

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/305d89/belgium_freight_tr) has announced the addition of the "Belgium Freight Transport Report Q3 2011" report to their offering.

Business Monitor International's Belgium 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 Belgium's freight transportation industry. The forecast real growth for total trade in 2011 is 2.7% with export real growth predicted to be 2.8% and import real growth of 2.6% expected. This would represent a continuation of the recovery made in 2010 but at a slightly slower pace from last year's bounce back from recession.

Belgium's freight industry as a whole should have a relatively good year in 2011 with slower growth but a steady and sustained recovery. Maritime growth at Belgium's ports is expected to sharply fall back from the strong recovery bounce of 2010. Air freight is expected to see stronger growth in 2011 than for 2010. Rail and rail freight are expected to have a small positive growth in 2011 after a strong recovery surge in 2010.

A period of potential political instability began in Belgium after the collapse of the five-party coalition government in April 2010 and a year later no new government has been formed. The parliamentary elections on June 13 2010 saw the separatist New Flemish Alliance emerge as the largest single group from the vote, although the French and Flemish Socialists together had more seats overall. Belgium's fractured political landscape means coalition negotiations are often a complex and lengthy process.

Headline Industry Data

• 2011 air freight tonnage is expected to grow +6.9%, following projected growth of +6% in 2010.
• 2011 rail freight is forecast to grow +1.6%, following a projected growth of +31.2% in 2010.
• 2011 Port of Antwerp throughput is forecast at +3.5%, following a projected growth of 12.8% in 2010.
• 2011 total real trade growth is forecast at +2.7%. Key Industry Trends

For more information visit http://www.researchandmarkets.com/research/305d89/belgium_freight_tr.