Containerized export volume from Europe fell by double digits in January 2013 from December 2012 in almost every trade lane, according to data from Container Trades Statistics, Ltd..
Europe to Far East Asia
Europe exported 523,000 20-foot-equivalent units to Far East Asia in January 2013, which was 6.9 percent less than in January 2012 and almost 10 percent lower than in December 2012, when it exported 577,900 TEUs. This was the largest monthly drop in this lane since last August.
In 2012, European exports to Far East Asia grew by 1 percent year-over-year to 6,411,700 TEUs.
Rates in this market as tracked by CTS rose considerably in 2012. The CTS rate index rose from 70 in January to 99 in December, hitting a high of 104 in June. This was a 41.4 percent rise from the beginning of the year. However, the index had dropped to 95 in January 2013.
Europe to Australasia/Oceania
Exports from Europe to Australasia/Oceania rose 4.1 percent year-over-year to 40,400 TEUs in January 2013 but were down 11 percent from December 2012.
In 2012, exports from Europe to Australasia/Oceania increased 5.5 percent year-over-year, to 507,400 TEUs.
The CTS index of rates in this trade showed a slight fall in 2012. It started in January 2012 at 95 and had slipped to 93 by the end of the year, with highs and lows within a six-point range. In January 2013, the index continued to fall to 92.
Europe to the Indian Subcontinent and the Middle East
Containerized trade from Europe to the Indian subcontinent and the Middle East declined to 208,800 TEUs in January 2013, down 10 percent compared to January 2012, and 21.9 percent lower than the level seen in December 2012.
Exports from Europe in this lane in 2012 grew 3.8 percent year-over-year to 3,130,600 TEUs.
Rates climbed in 2012. The CTS index rose from 83 in January to 99 in December, albeit that was down from a high of 100 in October. The index fell by one point in January 2013 to 98.
Europe to North America
Containerized trade in this lane edged down 0.5 percent year-over-year to 255,200 TEUs in January 2013 from January 2012 and fell 10 percent compared to December 2012. Exports from Europe in 2012 jumped 4.6 percent over the level seen in 2011, to reach 3,517,800 TEUs.
The CTS price index started and ended at 91 in 2012, staying between 89 and 92 for the entire year. In January 2013 the price index fell one point to 90.
Europe to South/Central America
Europe exported 117,000 TEUs to South and Central America in January 2013, up almost 2 percent from the level seen in January 2012, but down almost 8 percent from December 2012.
In 2012, exports from Europe in this lane rose by 5.6 percent year-over-year to 1,557,300 TEUs.
Rates in this market as tracked by CTS increased by 20 points or 22 percent over the course of 2012. In January 2012 the CTS index stood at 90, and it rose to 110 by December. In January 2013 the price index remained at 110.
Europe to Sub-Saharan Africa
Containerized trade was down 3 percent year-over-year in January 2013 at 127,700 TEUs, compared with January 2012’s export volume of 131,800, and down over 21 percent month-to-month from December 2012.
In 2012, exports from Europe to sub-Saharan Africa grew almost 9 percent year-over-year, to 1,787,400 TEUs.
Rates in this market remained relatively flat in 2012. The CTS rate index was at 74 in January and ended up at 76 in December. It moved between 69 and 77 throughout the year. The index remained at 76 in January 2013.