BMI View: We expect road freight will continue to dominate freight in Malaysia , although rail will benefit from increasing inter-regional trade and improving infrastructure and see the strongest growth over the medium term. Meanwhile, the highly developed air freight sector, profiting from Malaysia's role as a transhipment hub , will see little growth going forwards, a s it is already mature and well established. Overall, the sector will benefit from the country's c ontinued economic growth and lower oil prices , which will support domestic consumer demand and domestic production . However , we highlight that opportunities for freight will be smaller than previously, as economic growth is starting to slow.
Between 2015 and 2019, we expect Malaysia's real GDP growth to average an annual 4.1%. Although this is slower than average annual growth of 5.6% over the previous five years, we still view Malaysia's economy as a strong regional player with solid fundamentals. Continued economic growth is boosting consumer demand for imported goods and fostering growth in the domestic manufacturing and industrial sectors, which is increasing Malaysia's export offerings. In addition, Malaysia benefits from its position as a regional transhipment hub and a large number of Free Trade Agreements (FTAs), which means that investors in Malaysia stand to benefit from cheaper trade costs due to the association with well-connected global routes and bilateral trade ties. All of these factors support our positive outlook over the next five years for Malaysia's various freight sectors. However, in spite of this comparatively positive outlook we highlight two factors contributing to a less upbeat outlook over the medium term. In comparison to previous years, economic growth is slowing, which will result in fewer opportunities for growth across all the freight modes.
Over 2015, we expect the road freight sector to see the strongest performance, as consumer demand for...
The Malaysia 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 Malaysia Freight Transport Report provides industry professionals and strategists, sector analysts, investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the Malaysian freight transport and logistics industry.
- Benchmark BMI's independent freight transport industry forecasts on Malaysia 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 Malaysian freight transport sector through our reviews of latest industry trends, regulatory changes and major deals, projects and investments in Malaysia.
- 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 (%)
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.
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.
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.