Kazakhstan Freight Transport Report 2012

Feb 24. Business Wire

Kazakhstan Freight Transport Report 2012BMI believes 2011 saw continued growth, with 2012 signalling further increases in cargo volumes and, in some freight modes, a return to pre-downturn levels. Kazakhstan’s total trade is projected to pick up, with the Country Risk desk forecasting a y-o-y increase of 6.81% in 2012 following estimated growth of 6.71% in 2011.

Road freight is to continue to dominate the sector and is projected to grow by 5% in 2012. The sector almost defied the downturn, with freight falling by less than 2% in 2009 followed by 17% growth in 2010.

Headline Industry Data

2012 air freight tonnage is expected to grow by 6.0%;

2012 rail freight is forecast to grow by 4.4%;

2012 road freight is forecast to grow by 4.5%;

2012 inland waterway freight is forecast to grow by 10.2%;

2012 total real trade growth is forecast at 6.8%.

Key Industry Trends

A Sale of Stake In KedenTransService Russian intermodal and logistics operator TransContainer’s plan to capture rail freight trade between Asia and Europe is rolling forward, with the Russian Railways subsidiary acquiring a 67% stake in KedenTransService, a major rail freight player in Kazakhstan. Kazakhstan Temir Zholy (KTZ), the state-owned rail operator, retains a 33% stake in KedenTransService, with the option to repurchase a 17% stake.

Port Of Aktau Freight Volumes Falling

Kazakhstan’s Aktau International Commercial Sea Port registered a 4.8% year-on-year (y-o-y) decline in freight volumes to 9.03mn tonnes in January-September 2011. In 2010, the port posted a 26.7% y-o-y jump in cargo throughput to 13.9mn tonnes.

Kazakhstan Welcomes New Freighter Services

Malaysian airfreight carrier MASkargo is expanding its global coverage by launching a service to Kazakhstan. BMI notes that Kazakhstan’s Karagandy International Airport offers great potential as a transit hub for flights from Asia-Europe, and has already attracted some of the major air cargo players.