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View: Following a year in which BMI believes saw increasing volumes across the whole of Belgium'sfreight transport sector, with the port of Antwerp posting its highest ever throughput figures, 2015 willsignal further growth in all freight modes in line with the country's macroeconomic outlook.Total trade is projected to pick up with our Country Risk desk forecasting a y-o-y increase of 3% in 2015following an estimated growth of 2% in 2014.Road freight is to continue to dominate the sector and is projected to grow by 1.6% in 2015. The mode didnot manage to defy the downturn and so far appears to be struggling to recover to its pre-2008 volumes.BMI notes that inland waterway freight, having fully recovered its 2006 levels, continues increasing itsshare in Belgium's freight mix, while further growth is projected at the country's top seaport of Antwerp.
Industry View 7SWOT 9Freight Transport 9Political 10Economic 11Industry Forecast 12Belgium - Q2 2015 12Road Freight 14Table: Road Freight (Belgium 2012-2019) 16Inland Waterways 16Table: Belgium Transport Network Overview 17Table: Inland Waterway Freight (Belgium 2012-2019) 18Rail Freight 19Table: Rail Connection Overview Between Belgium And Its Neighbours 19Table: Rail Freight (Belgium 2012-2019) 20Air Freight 20Table: Air Freight (Belgium 2012-2019) 22Maritime Freight 22Table: Maritime Freight (Belgium 2012-2019) 24Trade 26Table: Trade Overview (Belgium 2012-2019) 26Table: Key Trade Indicators (Belgium 2012-2019) 26Table: Top Import Partners, 2006-2013 (USDmn) 27Table: Top Export Destinations, 2004-2012 (USDmn) 28Market Overview 29Belgium - Q2 2015 29Company Profile 33Brussels Airlines Cargo - Q2 2015 33Port Of Antwerp International (PAI) - Q2 2015 35Euronav - Q2 2015 37SNCB Logistics - Q2 2015 40Political Outlook 43Domestic Politics 43Table: Political Overview 47Oil Price Outlook 48Global - Crude Oil, Refined Fuels And Natural Gas Prices, 10-year Forecasts 48Table: Energy Price Forecasts (Global 2013-2018) 48Table: Energy Price Forecasts (Global 2019-2024) 49Macroeconomic Forecasts 51Economic Analysis 51Demographic Forecast 55Table: Population Headline Indicators (Belgium 1990-2025) 56Table: Key Population Ratios (Belgium 1990-2025) 56Table: Urban/Rural Population & Life Expectancy (Belgium 1990-2025) 57Table: Population By Age Group (Belgium 1990-2025) 57Table: Population By Age Group % (Belgium 1990-2025) 58Methodology 60Industry Forecast Methodology 60Sector-Specific Methodology 61Sources 62