"A box of hardships" has caused impact on Chinese exporters
- Author:Chelsea
- Source:Airborne flight
- Release Date:2021-03-06
In the past year, Steve Zhuang's Hong Kong Electronic Product Manufacturing Co., Ltd. has been enjoying a stable demand from the United States and Europe. However, like many Asian exporters, he is working hard to transport its products to our customers.
Chuang's company produces electronics, just a large number of companies that enjoy trade growth, this wave of trade has helped the regional economy recovered from the low championship caused by new crown in this year.
But these companies' success recovery and rebound are being hindered by the global shipping supply chain. China has increased the export of Western exports. In addition, foreign epidemic has caused the port that the port cannot be functioning properly, causing many container reflux, causing container ship to queue in the port, soaring. It can be described as "a box of hard".
In the past year, the cost of transporting a 40-foot-length container from China has increased by more than three times. Chuang said: "In the past 20 years, we have never met such a situation ... empty container can't return to Hong Kong."
China has recovered from the epidemic than any other large economy, and the export of goods related to the blockade, the export of electronic products and medical devices has also increased significantly. China's exports have grown in two consecutive months, and the trade surplus creates a new high in history last year.
Chuang's company produces electronics, just a large number of companies that enjoy trade growth, this wave of trade has helped the regional economy recovered from the low championship caused by new crown in this year.
But these companies' success recovery and rebound are being hindered by the global shipping supply chain. China has increased the export of Western exports. In addition, foreign epidemic has caused the port that the port cannot be functioning properly, causing many container reflux, causing container ship to queue in the port, soaring. It can be described as "a box of hard".
In the past year, the cost of transporting a 40-foot-length container from China has increased by more than three times. Chuang said: "In the past 20 years, we have never met such a situation ... empty container can't return to Hong Kong."
China has recovered from the epidemic than any other large economy, and the export of goods related to the blockade, the export of electronic products and medical devices has also increased significantly. China's exports have grown in two consecutive months, and the trade surplus creates a new high in history last year.
However, there is a rise in demand for Chinese goods. The ports of the United States and Europe have been restricted by the epidemic, and the human hand is shortage, causing the container to be late to return to the port of East Asia.
Roberto Giannetta, Chairman, Hong Kong Waves, said that the truck driver and warehouse workers in other parts of the world have restricted the port to return containers to China. "There are currently a large container stack in relatively port, Australia, Eastern Europe, the United States," he said, "this is like a perfect storm that prevents container reflux Asia."
HU Haoli, an assistant of WANLONG CHEMICAL, said that freight is still in a high level, but this has limited impact on the company, because the company's sales are high-end products.
However, for other companies, especially the large China's large-scale textile industry, container reflow is not smooth to cause more serious impact. A exporter of Shaoxing, Zhejiang Province, said that the freight rate in December last year has led to many textile companies to shut down.
The shipping industry executives once hope, usually the factory shutdowns in the Chinese Lunar New Year will make the production slowdown, giving the shipping company with asthmatic opportunity. But these hopes have been shattered - some Chinese plants require employees to continue working overtime to meet the surge in global demand.
Delays and shortages may push high goods prices. Chuang said that in Hong Kong, there are two to four weeks of transportation delays, and his company is negotiating with our clients to share costs, which makes his product prices rose by 2% to 5%.
Roberto Giannetta, Chairman, Hong Kong Waves, said that the truck driver and warehouse workers in other parts of the world have restricted the port to return containers to China. "There are currently a large container stack in relatively port, Australia, Eastern Europe, the United States," he said, "this is like a perfect storm that prevents container reflux Asia."
HU Haoli, an assistant of WANLONG CHEMICAL, said that freight is still in a high level, but this has limited impact on the company, because the company's sales are high-end products.
However, for other companies, especially the large China's large-scale textile industry, container reflow is not smooth to cause more serious impact. A exporter of Shaoxing, Zhejiang Province, said that the freight rate in December last year has led to many textile companies to shut down.
The shipping industry executives once hope, usually the factory shutdowns in the Chinese Lunar New Year will make the production slowdown, giving the shipping company with asthmatic opportunity. But these hopes have been shattered - some Chinese plants require employees to continue working overtime to meet the surge in global demand.
Delays and shortages may push high goods prices. Chuang said that in Hong Kong, there are two to four weeks of transportation delays, and his company is negotiating with our clients to share costs, which makes his product prices rose by 2% to 5%.
To date, the shortage of container mainly affects routes from Asia, but there are signs that there is currently starting to affect the return route and impact China's imported enterprises. In January, Hong Kong McDonald's announced that the transportation delay has disrupted the supply of french fries; the peanuts needed to be ice cream also face shortages.
The ports have been looked for more containers to mitigate shortage problems. In January, Ningbo imported foreign trade emptox approximately 730 tanks, a net increase of 160,000 tanks in the fourth quarter of 2020, an increase of 28%; newly rendered imported empty box overtime ship approximately 20 times, more The average monthly level in the fourth quarter of 2020 increased nearly 62%, effectively alleviating the urgentity of Ningbo containers export "a box of hard".
John Fossey, DREWRY, Container Equipment and Lease Research, Drew Restitution, said that in the first half of 2020, the marine container production decreased year-on-year, but the production of the year in the second half of the year increased by 10%.
However, these new containers will be higher: Fossey said that due to soaring demand, plus raw materials such as steel rises, this summer, the new container price delivered this summer is currently approximately $ 6,200, which is the highest in history. He warned that this "may have some companies to postpone order containers."
Although some reports from domestic reports have improved the activities in China in recent weeks have improved, some shipping industries are still pessimistic about the prospects in the coming months.Lin Zhaowei, a Hong Kong SHIPPER'Council, believes that the earliest will be "ready".
Lin Zhaowei pointed out that the possibility of turning to land trade route is getting bigger and bigger, especially through trucks entering Vietnam from Guangxi, and then transporting routes from Southeast Asia.Chuang said that some companies are seeking to cross Russia out to Europe through land.
At the same time, Asian exporters are tightening to fight for shipping cabins.Roberto Giannetta, Chairman of Hong Kong Liner Shiping Association, said: "Every available boat in the world is now almost put into use, because there are too many vessels to stop waiting for unloading in the port."
The ports have been looked for more containers to mitigate shortage problems. In January, Ningbo imported foreign trade emptox approximately 730 tanks, a net increase of 160,000 tanks in the fourth quarter of 2020, an increase of 28%; newly rendered imported empty box overtime ship approximately 20 times, more The average monthly level in the fourth quarter of 2020 increased nearly 62%, effectively alleviating the urgentity of Ningbo containers export "a box of hard".
John Fossey, DREWRY, Container Equipment and Lease Research, Drew Restitution, said that in the first half of 2020, the marine container production decreased year-on-year, but the production of the year in the second half of the year increased by 10%.
However, these new containers will be higher: Fossey said that due to soaring demand, plus raw materials such as steel rises, this summer, the new container price delivered this summer is currently approximately $ 6,200, which is the highest in history. He warned that this "may have some companies to postpone order containers."
Although some reports from domestic reports have improved the activities in China in recent weeks have improved, some shipping industries are still pessimistic about the prospects in the coming months.Lin Zhaowei, a Hong Kong SHIPPER'Council, believes that the earliest will be "ready".
Lin Zhaowei pointed out that the possibility of turning to land trade route is getting bigger and bigger, especially through trucks entering Vietnam from Guangxi, and then transporting routes from Southeast Asia.Chuang said that some companies are seeking to cross Russia out to Europe through land.
At the same time, Asian exporters are tightening to fight for shipping cabins.Roberto Giannetta, Chairman of Hong Kong Liner Shiping Association, said: "Every available boat in the world is now almost put into use, because there are too many vessels to stop waiting for unloading in the port."