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 ongoing growth, there are challenges ahead, as profit margins of businesses decreased in 2017 and H1 of 2018 due to sharply increased input costs.
Many producers are under pressure to either expand/grow or refuse orders, while difficulties in hiring skilled staff impacts further business expansion.
As in previous years, competition remains strong in the domestic market, mainly among small and medium-sized machinery companies depending on construction.
A modest insolvency increase is expected in 2019, with businesses related to oil and gas exploration, construction and agricultural markets mainly exposed.
Business performance and profit margins of machinery traders could be negatively affected by the ongoing trade dispute between China and the United States.
The bright outlook presented in May has proven true but clouds are quickly gathering on the horizon. In an increasingly uncertain environment, there is no room for policy mistakes.
All survey respondents in Austria (100%) reported domestic payment delays. This is the highest percentage in the region, significantly higher than in 2017.
The average proportion of overdue B2B invoices reported by respondents in Belgium increased for the third consecutive year in a row and stands at 45.6%.
After an increase from 43.5% in 2017 to 47.5% this year, France has the second highest percentage of overdue B2B invoices in the Western European region.
Of the Western European countries surveyed, Germany had the second highest percentage of respondents (24.7%) who reported revenue loss due to overdues.
At 48.7%, Great Britain had the highest proportion of past due B2B invoices in Western Europe, significantly higher than the regional average of 41.8%.