China Container Industry Association recently said that since July, China's exports have risen sharply, the demand for export containers has soared, whether it is the maritime market or China-Europe liner, there is a shortage of boxes, freight rates soaring, the turnover delay phenomenon.
According to customs statistics, China's foreign trade monthly import and export has maintained a positive growth for 14 consecutive months. In the first seven months of this year, China's foreign trade import and export value of 21.34 trillion yuan, an increase of 24.5%. Among them, exports 11.66 trillion yuan, up 24.5% year-on-year.
Industry insiders believe that the increasing demand for foreign trade exports, but the logistics capacity is limited, or will further increase the "a cabin hard to find" "a box hard to find" situation.
In addition to the booking of space and containers, more foreign trade enterprises headache is the continued rise in shipping prices. A number of foreign trade companies said that the continued rise in the price of shipping is constantly eating into the profits of enterprises. But as an export-oriented enterprises, in order to retain market share, can only sacrifice profits, gritting the teeth to persist.
August 27 global container freight index data show that the U.S. and China shipping costs in the short term back down, once again exceeded the $ 20,000 mark, high shipping prices, so many foreign trade export enterprises in a dilemma.
The export container freight index published by Shanghai Shipping Exchange shows that on September 1, the China Export Container Index (CCFI), which represents the settlement price, closed at 3079.04 points, a record high, up 31.72 points, or 1%, compared to last week, and up 269% compared to last year's low of 834 points.
Such a high freight cost averages out to about 200 yuan per product, and sometimes it may even be as high as 400 to 500 yuan, basically diluting 30% to 50% of the enterprise's profit.
Among them, small and medium-sized enterprises suffer the most, especially some export enterprises producing low value of goods, the price of shipping costs even exceed the value of the product. Some enterprises lose money but barely maintain operations, some can only face closure and exit the market.