ReleaseWire Connect

Australia’s consumer electronics devices market, defined as including computing devices, mobile handsets and AV products, is projected to be worth around US$16.8bn in 2012.

BMI View: Argentina’s infrastructure sector remains dependent to some extent on a US$10bn credit agreement from China. The latest quarter has seen the launch of a third nuclear power plant

BMI View: Gas, in particular coal bed methane (CBM), may be the future for Australia’s energy export industry.

Figures released by the Association des Concessionaires Automobiles d’Algerie (ACAA) show that 226,073 new cars were sold in Algeria during the first nine months of 2011 (excluding sales figures from the local BMW, Great Wall Motors, Iveco and Mercedes-Benz dealerships). This represents an increase of 28.3% year on year (y-o-y) on the 171,991 cars sold in 9M10.

Australia is a leading player in many segments of the global mining industry. Owing to its substantial deposits, the country possesses an array of minerals including iron ore, nickel, bauxite, copper, gold, silver, uranium, diamonds, zinc and coal.

BMI View: Another disease outbreak in the livestock sector has renewed concerns over the industry's outlook in 2011/12.

The combination of ongoing political tensions and a weak economic outlook is taking its toll on consumer confidence in Bahrain, and on the country’s food and drink sector.

BMI View: Algeria’s attractiveness to foreign drug makers remains tarnished by the heightened political and security risks, despite its relatively attractive demographic and socio-economic profile. Additionally,

Slowing economic growth could mean a stagnation in Algerian petrochemicals imports in 2012, while capacity expansion over the medium-term will make the country more self-sufficient, according to BMI’s latest Algeria Petrochemicals Report.

The increasing number of food poisoning outbreaks, standardization of regulations for food safety, and technological shift towards more rapid microbial tests are driving the market for food safety testing. Also, increasing demand of consumers for safe and quality food is further fueling the growth of the market. The global food safety testing market by contaminants is estimated to grow at a CAGR of 10.46% to $2.5 billion in 2015.