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
Despite healthy growth in many ICT segments, stiff competition is leading to low pricing and margin compression for distributors and retailers alike.
A major increase in insolvencies is not expected for the time being, but cannot be ruled out should the trade dispute with the US further escalate.
Despite the looming Brexit uncertainty, the UK technology sector attracted more venture capital investment in 2018 than any other European country.
Despite further sales growth most businesses continue to operate on very tight margins due to fierce competition, while equity strength is below average.
An economic slowdown in China triggered by the Sino-US trade dispute would surely lead to lower demand for ICT exports to China and to other parts of Asia.
The currently rather good situation for French ICT businesses could quickly worsen, due to the fast changing and very competitive market environment.
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.
After several years of annual decreases, German business insolvencies are expected to increase again in 2019 as the economic expansion slows down.
20 5 2019
Businesses in Singapore expect DSO to deteriorate over the coming months. Read the complete overview of corporate payment practices by sector.
Taiwanese businesses are the least inclined in the Asia Pacific to sell on credit. Get your copy of the latest payment practices barometer and find out why.
Businesses in Japan are focused more on strengthening receivables' collection activities than having a more strategic approach to credit management.
Survey respondents in China expect trade credit risk to increase over the coming months. Find out more about their business challenges going forward.
Internal demand & export growth work in favor of Indian B2B credit sales, but future trends of B2B payment practices affecting business confidence in India.
Shortage of capital and restricted business growth due to a deteriorating domestic economy, tighter financial conditions and more competition. Challenging times for Australian businesses.
The use of trade credit in B2B transactions enhances financial flexibility and mitigates negative effects of increased global competition for Hong Kong's large enterprises and SMEs.
APAC economies are vulnerable to weaker global trade, leading to more businesses taking a more strategic approach to credit management.
Payment terms extended by survey respondents in Indonesia are notably more relaxed than last year. Does loosing terms on export sales reflect a need to limit the fall off in export demand?
16 5 2019
The global economy is losing steam in 2019 and 2020. Ongoing uncertainty regarding the trade war continues to cloud the outlook.
30 4 2019
The adoption of a pension reform that provides savings of at least 600-700 billion reais is key to keep public debt sustainable and to sustain invertors’ confidence in the long-term.
Coupled with high interest rates of more than 60% austerity measures will deepen and lengthen the economic contraction, and a rebound expected in late 2019 at the earliest.
Shock resistance is strong due to prudent economic and financial policies, but a serious disturbance of global trade by protectionism would hurt exports.
GDP is forecast to grow about 3% annually, driven by higher oil prices, investments and consumption, but concerns about the fiscal deficit remain an issue.
Main risks to the outlook are a hard landing of the Chinese economy and social unrest in the mining sector, which could affect the investment climate.
11 4 2019
The UK sales outlook for consumer durables in 2019 is more subdued as household finances are strained and private consumption growth is decreasing.
Higher costs of raw materials and import tariffs have increased operational costs and reduced overall profitability in the household appliances segment.
Insolvencies are expected to level off or to increase slightly in 2019, in line with the forecast of a modest 2% increase in Dutch business failures.
Many smaller retailers lack the flexibility and financial means to adapt business models to changing consumer habits, and the credit risk remains elevated.
Retailers´ margins are expected to decrease further due to the fierce competitive market environment in most segments and increased price transparency.
Profit margins of retailers in the online segment to increase slightly in 2019, while brick-and-mortar retailers face continued margin pressure.
The number of payment delays and protracted defaults is expected to remain high in 2019, due to ongoing cash flow problems and restricted access to loans.
Even larger consumer durables retailers could face troubles due to increased financial exposure after acquisitions and the difficult economic environment.