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Research and Markets: Iran Freight Transport Report Q1 2012 - Sanctions Continue

Business Monitor International's Iran 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 Iran's freight transportation industry.

The Iranian freight transport sector continues to be informed by the effect of the Western sanctions against the country's primary companies and maritime facilities. Double-digit throughput growth at the primary Iranian port of Bandar Abbas appears to have come to an end as US sanctions against the pariah state's shipping sector continue to strengthen. The country's national shipping lines have also been facing increasing pressure in their operations, as have airfreight carriers. Nevertheless, BMI does project continued growth in Iranian freight transport in the face of Western sanctions, as the domestic consumer demand continues to grow.

Headline Industry Data:

• 2012 port of Bandar Abbas throughput growth forecast is 2.7% and is expected to average 3.3% a year to 2016.
• 2012 rail freight tonnes km growth forecast is 1.8% and is expected to average 2.1% over the forecast period.
• 2012 air freight tonnes km growth forecast is 0.6%, and is expected to average 0.7% a year to 2016.
• 2012 total trade real growth forecast is 2.0%, and to average 2.4% over BMI's forecast period.

Key Industry Trends:

Iran Invests In Making The Most Of Location:

Iran, which shares land borders with eight different states, is aiming to capitalise on its strategic location. The Islamic Republic is developing its freight transport capabilities in order to play a greater transit role in the region. BMI notes that the investment offers upside risk to its rail freight growth forecast in the country. The launch of the new freight train service on the Bandar Abbas-Almaty Corridor on October 17 2011 was attended by representatives of Economic Cooperation Organization (ECO) members and international organisations.

Companies Mentioned:

• Iran Air Cargo

For more information visit http://www.researchandmarkets.com/research/7c1e90/iran_freight_trans

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