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BMI View: The French freight transport sector will experience tepid growth
over 2015, with rail and air set to outperform road freight in terms of tonnage
Nevertheless, road will continue to dominate the freight mix over 2016, with
over 95.5% of the total market share, followed by rail freight carrying 4.4% of
We do not anticipate major changes to the freight mix through our forecast
period to 2020 given the dominance of the road network, though significant
investment in rail freight could increase the sector's market share in the
The French economy will grow by 1.4% in real terms in 2016, up from 1.1% in
Private consumption will continue to be the main driver of growth though the
structural impediments to a significant uptick in French activity remain.
Since 2012-2013, there has been a dearth of investment in the French economy.
We expect private consumption to contribute 0.9pp to growth in 2016 and 2017
making it the largest driver of growth.
BMI Industry View
Table: Trade Overview (France 2013-2020)
Table: Key Trade Indicators (France 2013-2019)
Road Freight Forecast
Table: Road Freight (France 2013-2020)
Rail Freight Forecast
Table: Rail Freight (France 2013-2020)
Air Freight Forecast
Table: Air Freight (France 2013-2020)
Air France KLM Cargo (AF-KL Cargo)
Long-Term Political Outlook
Table: Political Overview Table
Oil Price Outlook
Europe - Brent On Board For A Bumpy Ride
Table: GDP By Expenditure (France 2012-2019)
Table: Population Headline Indicators (France 1990-2025)
Table: Key Population Ratios (France 1990-2025)
Table: Urban/Rural Population & Life Expectancy (France 1990-2025)
Table: Population By Age Group (France 1990-2025)
Table: Population By Age Group % (France 1990-2025)
Industry Forecast Methodology