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Access a snapshot of the credit risk situation and business performance of 14 major industries in your country. The forecast is based on the assessment of Atradius underwriters.
Weaker players have disappeared while other businesses chose to merge with other peers in order to survive, and the concentration process will continue.
The risk of a downturn in the domestic real estate market could dampen higher growth prospects in the furniture and domestic appliances segments in 2017.
While in 2017 a modest economic rebound after two years of contraction is expected, Brazilian business insolvencies will continue to increase by about 10%.
Growth has slowed down due to the end of the commodity boom and weaker doemstic demand, but the business environment remains one of the best in the region.
Against a backdrop of heightened political uncertainty, the Dutch economy is holding firm. A centre-right coalition is the most likely outcome of the elections.
The recovery of the Dutch construction sector continued in 2016, but there is still overcapacity in the market, and a consolidation has yet to take place.
Italian building cooperatives and smaller companies focused on domestic residential construction remain highly exposed to the risk of business failure.
Future US construction growth could get an additional boost if, as announced, the new US administration invests heavily in infrastructure improvements.
A modest recovery is forecast in the non-residential segment due to stronger private demand and activity picking up in the infrastructure building sector.
Due to the deterioration in demand competition has increased, as builders operate on lower margins in order to obtain the remaining available business.
Private building projects are expected to decrease due to less benign economic conditions and an increased supply completed housing projects and offices.
The US decision to leave the TPP agreement could foretell profound economic and strategic implications for certain Asia Pacific economies and industries.
The price of oil has stabilised, largely thanks to OPEC’s shift in policy. The market is expected to rebalance in 2018 driving up prices in the medium term.
Una politica di bilancio prudente ha limitato le conseguenze dei bassi prezzi del petrolio e del gas, ma l'economia è vulnerabile ad un atterraggio duro dell'economia cinese.
Nonostante un tasso di crescita del PIL previsto di oltre il 5% nel 2017 restano delle debolezze strutturali e le imprese sono sempre più vulnerabili alla volatilità delle valute.
Crescente incertezza politica dopo l'impeachment del Presidente, deboli consumi privati e le esportazioni verso la Cina inferiori pesano sulla crescita economica.
La crescita del PIL dovrebbe rimanere ad un livello di circa il 6% nel 2017, ma è in crescita l'incertezza politica che potrebbe ostacolare la fiducia delle imprese e gli investimenti esteri.
Nel 2017 l'andamento economico continua ad essere influenzato dalla debole domanda proveniente dalla Cina e altri paesi asiatici, ma i fondamentali rimangono forti.
India’s economic growth outlook for 2017 remains robust, but a rather weak banking sector and high foreign indebtedness of domestic firms remain concerns.
Despite an expected GDP growth rate of more than 5% in 2017 structural weaknesses remain, and firms are increasingly vulnerable to currency volatility.
A prudent fiscal policy has limited the consequences of low oil and gas prices, but the economy is vulnerable to a hard landing of the Chinese economy.
GDP growth is expected to remain at a level of about 6% in 2017, but growing political uncertainty could hamper business sentiment and foreign investment.
Growing competition from mainland China in the electronics sector require productivity increases and a diversification of the economy in the long-term.
High growth of more than 6% in 2017, but economic fundamentals still show some weaknesses and Vietnamese businesses suffer from limited access to capital.
Gas prices have bottomed out and Atradius expects them to increase over the period up to 2021. Demand will be more moderate, but fueled primarily by China.
Atradius segnala i migliori mercati per le opportunità di business nel 2017. Questi mercati emergenti hanno dimostrato ottime prestazioni negli ultimi tre anni e si prevede potranno migliorare.
Developments in the US related to the election of Donald Trump and its expected effect on the US monetary policy path and international trade introduce significant uncertainty for EMEs in 2017.
While German food exports continue to increase, domestic market conditions have become increasingly difficult. Overcapacity is an issue in some segments.