Changes in business forecast
Macroeconomic and sector outlook
In April 2021, the International Monetary Fund (IMF) largely confirmed its macroeconomic forecast issued at the beginning of the year and still anticipates a significantly positive economic trend for 2021 on the whole.
|
Growth expactation in % |
|
Forecast |
|
Forecast |
||||
|---|---|---|---|---|---|---|---|---|
|
World |
|
5.5 |
|
6.0 |
||||
|
Advanced economies |
|
4.3 |
|
5.1 |
||||
|
USA |
|
5.1 |
|
6.4 |
||||
|
Emerging economies |
|
6.3 |
|
6.7 |
||||
|
China |
|
8.1 |
|
8.4 |
||||
|
Russia |
|
3.0 |
|
3.8 |
||||
|
Eurozone |
|
4.2 |
|
4.4 |
||||
|
Central and Eastern Europe (emerging european economies) |
|
4.0 |
|
4.4 |
||||
|
Germany |
|
3.5 |
|
3.6 |
||||
|
World trade |
|
8.1 |
|
8.4 |
||||
|
||||||||
By contrast, the market research institute Drewry recently significantly upgraded its sector outlook for 2021 as compared with December 2020. While the forecast for China was raised by 3.3 percentage points, the outlook for throughput in the European shipping regions has worsened considerably.
|
Growth expectation in % |
|
Forecast |
|
Forecast |
||||
|---|---|---|---|---|---|---|---|---|
|
World |
|
8.9 |
|
8.7 |
||||
|
Asia |
|
9.0 |
|
9.7 |
||||
|
China |
|
9.1 |
|
12.4 |
||||
|
Europe as a whole |
|
7.7 |
|
4.0 |
||||
|
North-West Europe |
|
8.1 |
|
0.3 |
||||
|
Scandinavia and the Baltic region |
|
10.5 |
|
4.1 |
||||
|
Western Mediterranean |
|
9.3 |
|
7.3 |
||||
|
Eastern Mediterranean and the Black Sea |
|
4.8 |
|
7.7 |
||||
|
||||||||
HHLA already took this sector trend into account in its guidance issued in March 2021.
Expected Group performance
There were no new events of material importance in the reporting period.
The disclosures made in the 2020 Annual Report regarding the expected course of business in 2021 continue to apply.
Hamburg, 3 May 2021
Hamburger Hafen und Logistik Aktiengesellschaft
The Executive Board
Angela Titzrath
Jens Hansen
Dr. Roland Lappin
Torben Seebold