In November 2022, China's export container transport market analysis report

In November 2022, China's export container transport market analysis report
Source: Shanghai Shipping Exchange
Recently, some areas of my country have been affected by the epidemic, but the overall epidemic situation is still in stable control, and the major ports have continued to operate normally.However, the slowdown in the global economic growth has led to the peak season of the peak season of European and American routes.In November, the average value of the comprehensive freight index of China's export container released by the Shanghai Shipping Exchange was 1683.88 points, a decrease of 13.6%from the previous month; the average value of the Shanghai export container index in the current market was 1389.81 points, which was from the average of the previous month.Fall 22.6%.

1. The volume of the port container throughput has maintained an increase, and the ship's leasing market continues to decline

① my country's epidemic continues to be controlled smoothly, and the major ports have maintained normal operations.In October 2022, the volume of container throughput in my country continued to grow, and the throughput of coastal and inland ports remained increased, of which the inland port throughput increased significantly.According to statistics, the container throughput of 25.58 million TEUs was completed by ports above designated size, an increase of 4.3%over the same period last year.Among them, the coastal port completion of the container throughput was 22.37 million TEU, an increase of 3.4%year -on -year; the inland port to complete the container throughput of 3.21 million TEU, an increase of 11.5%year -on -year.

② Due to the continuous decline of the freight market's freight market, dragging the market conditions of the container rental ship's market weakened, most ship lease prices continued to decline.According to Clarkson statistics, in November 2022, the rent of 1700teu, 2750teu, 4400teu, and 6800teu ships fell 2.6%, 14.3%, 19.0%, and 10.2%from the previous month.

2. Continue to adjust the freight rate of European land

According to data from the European route, according to the data released by the research institution, Markit, the Euras District manufacturing procurement manager index (PMI) in November was 47.3, which was lower than the Rongku line for five consecutive months.Due to the reduction of consumers' reduction in expenses, demand continues to decline, resulting in continuous shrinkage of commercial production activities.At the same time, Russia and Ukraine's conflict continued, leading to high energy prices, and the level of inflation was high.As the winter comes, energy prices may continue to rise, which will lead to inflation to continue to rise, and the economic prospects are not optimistic.This month, transportation demand lacks the driving force for further growth, the supply and demand balance is not ideal, and the market freight rate continues to adjust the trend.In November, the average freight index of the freight index of China and the Mediterranean routes was 2598.89 points and 2726.11 points, respectively, down 21.2%and 17.6%from the previous month.

3. The North American market continues to fall

According to data released by the US Labor Agency, the non -agricultural employment population increased by 261,000 in October in October, a minimum record since January this year, and the unemployment rate rose slightly to 3.7%, showing that the employment situation in the United States began to slow down.In addition, Los Angeles, the largest port in the United States, has dropped significantly by 28%year -on -year in October. It is the lowest in October in October since the global financial crisis in 2009. It is also the lowest monthly import volume since May 2020.Therefore, the North American route export market generally shows a situation where the peak season is not strong.In November, the average freight index of China and East America exported to the United States and West and East America were 1083.92 points and 1825.70 points, respectively, down 21.0%and 14.1%from the previous month.

4. The Australian and New Market continues to decline

The Australian and New routes, the demand for all kinds of living materials in the local market is weak, the transportation demand is weak, the supply and demand relationship is poor, and the market freight rate continues to decline.In November, the average freight index of China from exported from Australia and New Australia was 1714.78 points, a decrease of 21.4%from the previous month.

5. South America's freight price decreases slightly

The South American route, the economic foundation of the main destinations is unstable, and is susceptible to the risk of great fluctuations in the financial market in the US dollar rate hike cycle.The transportation demand is weak, the fundamentals of supply and demand have weakened, and the market freight rates are slightly lower.In November, the average freight index of China's exports to South America was 1145.62 points, a decrease of 3.9%from the previous month.

6. Japan's freight rate fell slightly

Japanese routes, transportation demand is generally stable, and market freight rates have fallen slightly.In November, the average freight index of China ’s routes to Japan was 1145.01 points, a decrease of 0.9% from the previous month