Naperville, IL -- (ReleaseWire) -- 06/16/2014 -- Reportstack, provider of premium market research reports announces the addition of Iran Shipping Report Q3 2014 market report to its offering
We forecast that Iran will return to economic growth in 2014, with real GDP set to expand by 2.8%
following our 2013 estimate of a 2.9% contraction. Container shipping also is set to take tentative steps to
recovery. Risks to the upside to both of these forecasts are presented by the growing rapprochement
between Iran and the international community. However, the country's shipping sector has been impacted
severely by sanctions in recent years - another hit came in 2013 following the introduction of strengthened
US sanctions on July 1, which resulted in all major shipping lines ceasing to call at Iranian ports. At the
time of writing in April 2014, it appeared that shipping lines would be returning to Iran as rapprochement
continued. However, this had not been confirmed and there were no indications as to when it was expected
Headline Industry Data
? 2014 Port of Bandar Abbas throughput forecast to grow by 5.6%, and average growth of 6.5% to 2018.
? 2018 Port of Bandar Abbas throughput expected to reach 2.04mn twenty-foot equivalent units (TEUs) -
still not enough to match 2011 volumes.
? 2014 total real trade is forecast to return to growth at 4.3%, and average 2.1% to 2018.
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