? Commercial vehicle sales have been outperforming passenger cars against a recovering macroeconomic
backdrop, with Croatia now moving out of recession.
? A spate of new model launches from leading carmakers has provided clear impetus to the passenger ..."
BMI View: We forecast positive growth this year at Croatia's main port, the Port of Rijeka, both in terms of
tonnage and box throughput. While tonnage growth looks set to plateau at a steady 3%, we see relatively
high box throughput growth tapering off in the medium t ..."
BMI View: Activity at the main Croatian ports in 2015 will be mixed, with container traffic growing in a
3%-5% range, while bulk tonnage will fall at two ports, Rijeka and Sibenik, but will register a small
improvement at Plo?e. The reason for this disparate performan ..."
Following a year in which BMI believes saw mixed growth dynamics across Croatia's freight transport
sector, 2015 will signal improving freight volumes in line with the macroeconomic outlook for the country
and the region.
Total trade is projected ..."
2014 has proved a very positive year for new passenger car sales within Croatia. Indeed, it has marked the
first year since the financial crisis when a long period of pent-up demand for new vehicles within Croatia
finally resulted in a strong sales performance by the ..."
BMI believes annual bulk cargo percentage growth at Croatia's ports will remain in the low single digits in
2015, partly reflecting the standstill in the local economy and unspectacular growth rates in foreign trade. In
contrast however box traffic at the port of Rije ..."
BMI is bearish about Croatia's economic prospects this year, emphasizing that the continuing need to
deleverage over-indebted households and companies is scuppering the chances of recovery. We have cut
back out GDP forecast for 2014 from +0.4% in our last quarterly re ..."
Economy Set To Remain Flat In 2014
We remain somewhat pessimistic about the economic outlook for Croatia in 2014. Since our last quarterly
shipping report, we have trimmed back our predicted GDP growth further, to only 0.4% (previously 0.6%),
coming after an est ..."
Following a year in which BMI believes saw increasing volumes across all Romania's freight transport
modes, 2014 will signal further growth in line with slowly improving macroeconomic outlook.
Total trade is projected to slow its decline in real terms, with our Countr ..."
BMI Industry View
2014 Outlook Reduced Again
The Croatian economy is set to recover in 2014, but after five consecutive years of retrenchment (negative
or zero growth), BMI is projecting a very weak and slow improvement. On the plus side, sentiment has