28 3 2017
Competition is high in all segments and price pressure offsets sales volume growth, meaning that the already low profit margins will remain under pressure.
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18 6 2019
The Italian ICT wholesalers and retail segment is negatively impacted by stiff competition, high pressure on margins and liquidity management issues.
ICT continues to be characterised by stiff competition and cheap imports causing pricing pressures, especially for smaller IT resellers and distributors.
The recent escalation of the Sino-US trade dispute and the US restrictions on suppliers to Huawei will surely affect certain Taiwanese ICT businesses.
The profit margins of many Spanish ICT wholesale and retail businesses remain tight, which is mainly due to high competition in terms of sales prices.
While ICT distributors are becoming larger, many smaller companies are changing their business models towards a more IT service-oriented approach.
Payment experience over the past two years has been good and the level of protracted payments and insolvencies remains low compared to other industries.
The domestic ICT market remains affected by stiff competition, declining margins, low entry barriers, lack of bank support and slow economic growth.
11 6 2019
World trade growth stagnated in Q1 amid the escalating trade war. While we expect some recovery in 2019, further escalation of the trade war could grind growth to a halt.
29 5 2019
European pro-trade policy likely to stay in place after the European elections
28 5 2019
In 2019 Austrian economic growth is expected to decelerate after a robust performance in 2018, mainly due to weaker external demand and lower investment.
Swiss economic growth is expected to slow down in 2019, as external demand from the Eurozone and the US has weakened and investment growth decreases.
The Danish economy has regained some of its international competitiveness due to structural reforms that addressed the issue of high labour costs.
A potential downside risk to the economic performance could be the high household debt in case of sharp house price decreases and interest rate increases.
In 2019 the number of Belgian business insolvencies will still be higher than the levels seen before the start of the global credit crisis in 2008.
The Irish economy is expected to grow by about 2.5% in 2019, but remains exposed to ongoing economic uncertainties stemming from the Brexit decision.
Household consumption is sustained by rising employment, higher wages and low interest rates, while lower financing costs support business investments.
In 2019 Dutch export performance is impacted by lower demand from France and Germany, the ongoing Brexit issue and increased global trade uncertainty.
Due to economic stagnation, political uncertainty and tighter credit conditions business insolvencies are forecast to increase by more than 5% in 2019.
British business insolvencies are expected to increase by more than 5% in 2019, mainly affecting businesses active in the construction and retail sectors.
With more than 55,000 business failures expected in 2019, the number of insolvencies will still be as high as during the start of the 2008 credit crisis.