Belgium Freight Transport Report

Published 26 August 2015

  • 62 pages
  • Instant access to your report online and PDF format through your account library
  • Includes 3 free updated quarterly reports
Belgium Freight Transport Report

BMI View: Belgium's freight transport sector will continue rebounding in 2015, in parallel to a turnaround in the wider economy. We expect real GDP will expand by 1.3% in the next year. We expect airfreight will witness the strongest increases, driven by a ramp up in output in the pharmaceutical sector as well as from demand for high value consumer goods. Both road and rail freight will register tepid growth due to small increases in heavy industry output. Overall, road freight will continue dominating the sector in terms of overall freight volumes.

We expect Belgium's real GDP growth will continue at a pace similar to the one seen in 2014, with an increase of around 1.3% expected in 2015. Over the medium term (2015-2019) we forecast the economy will expand by an annual average of 1.5%. we expect domestic demand to be the primary driver of growth, particularly private consumption. These factors contribute to our positive view with regards to Belgium's medium term trade outlook and so the potential for growth within Belgium's freight transport sector. Aside from consumer demand, high production levels for key export items, particularly manufactured goods, will serve to boost freight volumes over the medium term.

Belgium's road freight sector is set for continued growth in 2015, at a similar pace to 2014. The country's steady economic recovery will be the key driver for growth in this sector. Over the medium term we project the volumes of freight carried by road in Belgium to expand by an annual average of 2.6%. With unemployment coming down over the medium term, while lower oil prices and persistently low inflation are supporting household consumption, demand for consumer goods will increase and benefit the road haulage sector.

Belgium's rail freight sector will register tepid growth in 2015 before gradually accelerating out to 2019. Belgium's rail freight volumes are forecast to increase at an annual average growth rate of 2.3%. Steel and motor vehicle production...

BMI Industry View
Belgium - Q3 2015
Freight Transport
Industry Forecast
Trade Forecast
Table: Trade Overview (Belgium 2012-2019)
Table: Key Trade Indicators (Belgium 2012-2019)
Table: Main Import Partners
Table: Main Export Partners
Road Freight Forecast
Table: Road Freight (Belgium 2012-2019)
Rail Freight Forecast
Table: Rail Freight (Belgium 2012-2019)
Air Freight Forecast
Table: Air Freight (Belgium 2012-2019)
Market Overview
Company Profile
Brussels Airlines Cargo - Q3 2015
SNCB Logistics - Q3 2015
Political Outlook
Domestic Politics
Long-Term Political Outlook
Table: Political Risk Overview
Oil Price Outlook
Global - Crude Oil, Refined Fuels And Natural Gas Prices, 10-Year Forecasts
Table: Energy Price Forecasts (Global 2013-2018)
Table: Energy Price Forecasts (Global 2019-2024)
Macroeconomic Forecasts
Economic Analysis
Table: Economic Activity (Belgium 2010-2019)
Demographic Forecast
Table: Population Headline Indicators (Belgium 1990-2025)
Table: Key Population Ratios (Belgium 1990-2025)
Table: Urban/Rural Population & Life Expectancy (Belgium 1990-2025)
Table: Population By Age Group (Belgium 1990-2025)
Table: Population By Age Group % (Belgium 1990-2025)
Industry Forecast Methodology
Sector-Specific Methodology

The Belgium Freight Transport Report has been researched at source, and features latest-available data covering commercial transport and logistics by road, rail, air and water; industry forecasts, company rankings covering leading national and multinational operators; and analysis of latest industry trends, opportunities, projects and regulatory changes.

Business Monitor International (BMI)'s Belgium Freight Transport Report provides industry professionals and strategists, sector analysts, investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the Belgian freight transport and logistics industry.

Key Benefits

  • Benchmark BMI's independent freight transport industry forecasts on Belgium to test other views - a key input for successful budgetary and planning in the strategic freight transport market.
  • Target business opportunities and risks in the Belgian freight transport sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Belgium.
  • Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs, and latest activity).


BMI Industry View

Summary of BMI’s key industry forecasts, views and trend analysis covering freight transport and logistics, regulatory changes, major investments and projects and significant national and multinational company developments.

Industry SWOT Analysis

Analysis of the major strengths, weaknesses, opportunities and threats within the freight transport sector and within the broader political, economic and business environment.

BMI Industry Forecasts

Historic data series (2008-2012) and forecasts to end-2019 for all key industry and economic indicators (see list below), supported by explicit assumptions plus analysis of key downside risks to the main forecast including:

  • Transport Sector: Total freight carried by road, rail, inland waterways, maritime, air and pipeline (mn tonnes-km/mn tonnes).
  • Trade: Exports and imports (USDmn) by category of goods (manufactured goods, food, chemicals etc.); top five import and export trade partners (USDmn); imports/exports to each global region (USDmn)
  • Port Data: Throughput (‘000 tonnes) for all major ports in the state.
  • Oil Products Prices: Price forecasts for gasoline and aviation fuel (USD/bbl) at all major global energy trading hubs.
  • Economic Indicators: Nominal GDP (USDbn); real GDP growth (%); GDP per capita (USD); industrial production (%); unemployment (%)

Market Overview

Details of the freight infrastructure in each state by segment (road, rail, air, water and pipelines). Full analysis of the competitive landscape within each segment.

Industry Trends and Developments

Analysis of the latest projects across the freight transport sector (road, rail, air, sea and logistics) including a market overview which provides an outline of the key elements driving development.

Political Outlook

The Freight Transport market reports contain a chapter detailing the political outlook of a given region, examining the domestic politics, long-term outlook and foreign policy, and assessing the impact this could have on freight and transport businesses.

Company Profiles*

Examines the short- to medium-term business strategies of key industry players. Strategy is examined within the context of BMI’s industry forecasts, our macroeconomic views and our understanding of the wider competitive landscape to generate company SWOT analyses.

The latest financial and operating statistics and key company developments are also incorporated within the company profiles, enabling a full evaluation of recent company performance and future growth prospects.


The Freight Transport reports draw on an extensive network of primary sources, such as multilateral organisations, government departments, industry associations, chambers and company reports

*Company profiles are not available for every country. Those reports instead contain information on the current activities of prominent companies operating in the market.

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