DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/2ca178/chile_shipping_rep) has announced the addition of the "Chile Shipping Report Q4 2011" report to their offering.
Business Monitor International's Chile Shipping Report provides industry professionals and strategists, corporate analysts, shipping associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Chile's shipping industry.
BMI believe that Chile's good macroeconomic outlook, and particularly its strong consumer story, will continue to drive container traffic at its ports. BMIs positive outlook for the Chilean economy remains in place, and BMI are upwardly revising their 2011 real GDP growth forecast for Chile to 5.9%, from 5.4% previously, and retaining BMIs 5.0% growth forecast for 2012. BMI believe the economic expansion will be increasingly underpinned by private consumption and an uptick in fixed investment.
A number of leading indicators, including new-cars sales and supermarket sales, suggest that the consumer sector strengthened considerably in 2010, and BMI expect consumption to grow further in 2011 and 2012 as wealth rises across the country, contributing to robust GDP growth rates, and buoying imports. On the export side, we expect strong Asian demand for Chilean copper to continue.
Headline Industry Data
- 2011 port of Valparaiso tonnage throughput forecast to grow 16.6%, with average annual growth of 13.7% the next five years.
- 2011 port of San Antonio tonnage throughput forecast to grow 9% with average annual growth of 8.2% the next five years.
- 2011 port of Valparaiso 20-foot equivalent unit (TEU) throughput forecast to grow 20.76%, with average annual growth of 16.3% the next five years.
- 2011 port of San Antonio TEU throughput forecast to grow 11.84%, with average annual growth of 10.4% the next five years.
Companies Mentioned:
- Compania Chilena de Navegacion Interoceanica SA (CCNI)
- Maersk Line
- Mediterranean Shipping Company (MSC)
- CMA CGM
- COSCO Container Lines Company Limited (COSCON)
- Hapag-Lloyd
- Evergreen Line
- APL
- Hanjin Shipping (Container Operations)
- China Shipping Container Line (CSCL)
For more information visit http://www.researchandmarkets.com/research/2ca178/chile_shipping_rep