2011 port of Haifa tonnage throughput growth forecast at 2.3%, following estimated growth of 10.2% in 2010, and to average 4.1% to 2015
Business Monitor International (BMI) a leading, independent provider of proprietary data, analysis, ratings, rankings and forecasts covering 175 countries and 22 industry sectors. published last week a report - "Israel Freight Transport Report Q4 2011"
In general terms, BMI forecasts 2011 GDP growth of 4.8% (following the 4.7% expansion in 2010). The outlook for 2012 is now for growth to ease back to 4.3%.
In the five years to 2015 BMI expects growth to average 4.5% a year.
In general, concerning the freight industry BMI see freight demand moving broadly in tandem with wider Israeli economic growth.
Industry Data:
- 2011 air freight growth is forecast at 5.3%, following estimated growth of 10.4% in 2010, and to average 5.0% to 2015
- 2011 port of Haifa tonnage throughput growth forecast at 2.3%, following estimated growth of 10.2% in 2010, and to average 4.1% to 2015
- 2011 rail freight tonnes is forecast to grow at 4.5%, following estimated growth of 23.6% in 2010, and to average 5.1% to 2015
- 2011 total trade growth in real terms is forecast at 6.7%, and to average 4.8% to 2015
Read more inside Israel Freight Transport Report Q4 2011
