Kazakhstan Freight Transport Report 2012
Feb 24. Business Wire
BMI 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.