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Sector Analysis
NewNigeria Upstream (Oil and Gas) Fiscal and Regulatory Guide, 2024
The upstream fiscal and regulatory outlook of Nigeria underwent a comprehensive reform with the Petroleum Industry Act (PIA) of 2021. Nigeria has implemented different contractual regimes for oil exploration and production, including Production Sharing Agreements (PSAs), Joint Ventures and concessions in the form of Sole Risk agreements, with special conditions for marginal fields. In the latest reform, the Nigerian National Petroleum Corporation (NNPC) is replaced with a limited liability company, NNPC Ltd, and is now enabled for joint venture arrangements,...
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Government & Regulation
NewAustralia Mining Fiscal Landscape – Regulations Governance and Sustainability
GlobalData's " Australia's Mining Fiscal Landscape Regulations Governance and Sustainability (2024)" provides a comprehensive coverage on Australia's mining fiscal regime. The report provides country's overview with macroeconomic performance, corruption index, and mineral overview. It also provides a comprehensive coverage on the country’s mining regulatory bodies, laws, mining licenses and fees, as well as taxes and royalties. The report further provides Australia's sustainable mining practices covering its climate targets Australia has abundant and diverse natural resources, including iron ore, coal, copper,...
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Analyst Opinions
NewFactors of Influence for Purchases – Key Trends and Consumer Insights
Understand the key factors influencing global consumers’ purchasing decisions across different sectors and countries, and case studies of different retailer types that benefit from different consumer priorities. The top five factors that influence consumers’ purchasing choices are value for money, quality, price, discounts and promotions, and range. Amidst economic uncertainty, geopolitical tensions, and persistent inflation, consumer sentiment remains negative across major economies, leading to a continued focus on price. The impact of social media on purchasing decisions varies widely; it...
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Sector Analysis
NewWest Africa Gold Mining Market by Reserves and Production, Assets and Projects, Fiscal Regime with Taxes, Royalties and Forecast to 2030
GlobalData's "West Africa Gold Mining to 2030" provides a comprehensive coverage on the West Africa Gold industry in 22024. It provides historical and forecast data on gold production, production by company, production by country, reserves by country and world gold prices. The report also includes a demand drivers section providing information on factors that are affecting the global gold industry. It further profiles major gold producers, information on the major active, planned and exploration projects by region. Collective gold production...
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Sector Analysis
NewCroatia Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2028
Croatia’s construction industry is expected to grow by 4.4% in real terms in 2024, supported by an increase in the total construction permits issued, and the government’s investment in transport infrastructure projects. According to the Croatian Bureau of Statistics (CBS), the construction industry's value add grew by 8.4% year on year (YoY) in Q4 2023, preceded by Y-o-Y growth of 4.8% in Q3 and 0.9% in Q2 2023. In addition, the CBS reported that the value of new construction orders...
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Sector Analysis
NewNetherlands Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2028
The construction industry in the Netherlands is expected to shrink by 5.6% in real terms this year, owing to subdued investor and consumer confidence amid high construction costs, rising interest rates, and falling building permits, which are all expected to continue to weigh on the industry’s performance. According to Statistics Netherlands (CBS), the total number of building permits issued in the country fell by 15.4% YoY (year-on-year) in 2023, preceded by an annual decline of 11.3% in 2022. Furthermore, total...
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Sector Analysis
NewCzech Republic Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2028
GlobalData expects Czech Republic’s construction industry to record a subdued growth rate of 0.4% in real terms in 2024, as the country continues to face the effects of elevated inflation, such as the rising cost of both materials and labour, coupled with the continues weakness in the residential sector, thus effecting the overall construction industry. The residential sector, which is the third largest sector is facing a downturn this year, due to rapid fall in the building permits. According to...
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Sector Analysis
NewNorway Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2028
GlobalData expects the Norwegian construction industry to contract by 4% in real terms in 2024, owing to slowdown in the housing market amid rising interest rates and high inflation, coupled with elevated construction costs which has led to an increase in mortgage rates, resulted in falling building permits and delays of projects. According to Statistics Norway, the average construction cost index for residential buildings rose by 3.3% year on year (YoY) in the first three months of 2024, owing to...
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Sector Analysis
NewRomania Construction Market Size, Trend Analysis by Sector, Competitive Landscape and Forecast to 2028
GlobalData expects the Romanian construction industry to shrink by 4.6% in real terms in 2024, owing to high inflation and elevated interest rates, coupled with rising construction costs, and falling residential building permits. According to the National Statistics Institute (NIS), the average construction cost index rose by 11.7% year-on-year (YoY) in the first two months of 2024, preceded by an annual growth of 8.2% in 2023. Moreover, the total number of residential building permits issued in the country fell by...
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Analyst Opinions
NewBusiness Travel – Key Trends and Market Analysis by Destinations, Challenges and Opportunities, 2024 Update
Business Travel Market Report Overview The business travel market value was $245.23 billion in 2023. The pandemic significantly impacted the business travel industry, due to travel restrictions and a subsequent decline in employees' confidence to travel for business purposes. The recovery phase has been underway since 2021, and thanks to a reduction in travel restrictions, the market is expected to reach its pre-pandemic level in 2024 and will continue its growth trajectory at a CAGR of more than 11% from...