Agility Emerging Markets Logistics Index 2024
Which emerging markets can deliver growth in 2024? Why are companies worried about China, upbeat on Africa, and concerned about climate disruption? Why do they like doing business in the Gulf? How do they see India? Chances of recession? Where are they looking for logistics opportunities?
African Investment Strategy
What's your company's 2024 Africa investment and expansion strategy?
47.4%
We are planning additional investments in Africa
14.2%
We are planning first time investments in Africa
31.8%
Our investments and expansion strategy will remain unchanged
6.6%
We are planning to exit or scale back in certain African markets
1 Agility survey of 830 logistics industry executives
Climate Disruption & Your Business
Disruptions caused by climate change are:
45.2%
A concern that our business must plan for
20.5%
Affecting our business
25.5%
A concern but not yet something we are planning for
8.8%
Not affecting our business or its plans
1 Agility survey of 830 logistics industry executives
Where Digital Forwarders Outperform
1. Tracking/Visibility
2. Speed of Service
3. Invoicing and Payment
Where Digital Forwarders Underperform
1. Exception/Error Management
2. Value-added Services
3. Pricing Transparency
1 Agility survey of 830 logistics industry executives
Likelihood of Recession in 2024
Which of the following statements most closely matches your opinion on 2024 global economic prospects?
34%
A global recession in 2024 is likely
24.6%
2024 will see moderate/strong growth in the global economy
15.4%
There will be a global recession in 2024
14.6%
A global recession in 2024 is unlikely
11.4%
There is little or no chance of a global recession in 2024
Emerging Markets: Risks & Rewards
How has the risk/reward ratio of investing in emerging markets changed in the past year?
32.8%
Risks have increased
23%
Rewards have increased
20.9%
Risks and rewards are the same
16%
Rewards have decreased
7.3%
Risks have decreased
1 Agility survey of 830 logistics industry executives
China Sourcing
Which statement best reflects your plans for the Chinese market over the next 5 years?
41.6%
We will continue with entry/expansion plans
18.7%
We will move production/sourcing out of China
18.7%
We will reduce investments in China
21%
We won't be making any changes to our current position in China
1 Agility survey of 830 logistics industry executives
News Release
Global logistics executives, still worried about recession, are battling higher costs, reducing dependence on China, and planning to boost investment in Africa despite seeing emerging markets investment overall as somewhat riskier. They tell us they’re overhauling supply chains to lower risk and using digital forwarding to cope with inflation. They offer insights into their hunt for growth and efforts to deal with climate disruption in the 2024 Agility Emerging Markets Logistics Index, a survey of industry professionals and 50-country ranking of the world’s 50 leading emerging economies.
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