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- South Africa Freight Transport Industry Update Quarter 2 2012
South Africa Freight Transport Industry Update Quarter 2 2012
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Data Series
BMI maintains a cautiously optimistic stance with regards to South Africa's freight transport sector in 2013
Although there are risks to the mining sector from a potential hard landing in China, our mining desk
believes that growth will continue, which bodes well for the rail and port sectors in particular
Headline Industry Data
- Rail freight growth will be 6 2% in 2013, and will average 5 7% to 2017
- Richards Bay Port's tonnage throughput in 2013 is forecast to increase by 1 3% Over the medium-term
we project a 3 9% average annual increase
- 2013 total trade growth is forecast at 3 8%, up from the estimated 4 6% expansion in 2012
- Road freight volumes are set to expand by 6 2% in 2013, and to average 5 9% over our forecast period
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