The International Debt Collections Handbook is a key tool for businesses when it comes to making decisions concerning collections in foreign countries.
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Access a snapshot of the credit risk situation and business performance of 14 major industries in your country. The forecast is based on the assessment of Atradius underwriters.
Despite still robust growth rate of the ICT market in China, challenges are increasing. Competition is getting fiercer, and labour costs are increasing.
Unless they are well-established in niche products, smaller companies in Germany are expected to continue to be the losers in a cut-throat environment.
The Australian government is driving growth in the IT market through its purchase programme and various initiatives, such as a Cyber Security Strategy.
The industry is characterised by sharp price erosion and fierce competition, especially in the wholesalers segment. Market concentration is still on-going.
In both countries the food industry is scoring abroad, as exports have emerged as the main driving force of sales. However, some subsectors face problems.
An uneven match, given that the British ICT industry is doing rather well, while the Russian ICT sector is caught in a downturn, with many insolvencies.
The Spanish chemicals sector shows a strong team performance, while competition is high for Czech chemicals businesses. Producers prices have decreased.
Spain remains a heavyweight in the automotive playing field, while the sector faces troubles in Turkey as domestic demand is expected to decrease further.
In Germany, poor payment behaviour of public buyers is an issue, while in Poland protracted payments are high. Overdue payments up to 30 days are common.
The Belgian machines sector faces some troubles in the construction-related segment. Italian machinery scores abroad, but not yet in the domestic market.
Respondents in the Czech Republic (46.5%) seem to be most convinced that domestic B2B customers use outstanding invoices for their financial advantage.
Hungarian respondents (76%) seem to be the hardest hit by late payment of domestic invoices due to customers’ insufficient funds (64% in Eastern Europe).
30% of respondents in Slovakia (18% in Eastern Europe) consider maintaining adequate cash flow as the biggest challenge to business profitability in 2016.
Turkey has the highest domestic payment default rate in Eastern Europe, with 61.1% of the total value of domestic B2B invoices paid late (55.2% in 2015).
Atradius explores how rising corporate debt in EMEs affects corporate creditworthiness and identifies the most exposed countries and vulnerable sectors.
In 2015, Austrian business insolvencies decreased by 5%. However, in 2016 the pace of corporate insolvency decrease is expected to slow down to just 2%.
The Danish economy is expected to grow 1.4% in 2016 spurred by improved investment and growing exports. Danish exporters will benefit from rising demand.
In 2015, the German economy grew 1.7%, spurred by household consumption which increased 1.9%. Private consumption remains a key driver of growth in 2016.
The Irish economy registered a strong performance, increasing 5.2% in 2014 and 6.8% in 2015. In 2016, growth is expected to slow down but remain robust.
Since 2014, Dutch business failures started to decrease, and are expected to decline further in 2016. However, this figure is still higher than in 2008.
Swiss business insolvencies increased 7% in 2015 due to a more difficult economic environment. The number of corporate insolvencies remains high in 2016.
In the United Kingdom, consumer spending is still fuelling the economic expansion, helped by a decrease in unemployment and low consumer price inflation.
Poor payment practices of B2B customers caused financial distress on businesses in Western Europe and a ripple effect throughout the whole supply chain.