Containerized exports from sub-Saharan Africa to North America grew in 2012 over 2011, but fell steeply both month-to-month and year-over-year in January 2013, according to data from Container Trades Statistics, Ltd.
Sub-Saharan Africa to Far East Asia
Sub-Saharan Africa exported 69,100 20-foot-equivalent units to Far East Asia in January 2013. This volume was 28 percent less than in January 2012 and was the 10th consecutive year-over-year drop in the double-digits. The trade lane was also down 12.2 percent from December 2012, when the region exported 78,700 TEUs to Far East Asia.
In 2012, exports in this lane declined 18.2 percent year-over-year to 1,141,100 TEUs.
Rates in this market as tracked by CTS were volatile in 2012. The CTS rate index began at 87 in January, hit a low of 79 in February and a high of 92 in July, and settled at 84 in December. The index remained at 84 in January 2013.
Sub-Saharan Africa to Australasia/Oceania
Containerized trade from sub-Saharan Africa to Australasia/Oceania fell steeply in January 2013 to 1,100 TEUs, down 15.4 percent when compared to January 2012 and 42 percent from the level seen in December 2012, when it stood at 1,900.
Exports from sub-Saharan Africa in this lane in 2012 decreased almost 10 percent year-over-year to 18,400.
Rates showed some variation in 2012. The CTS index rose from 103 in January to 111 in March before retreating to 105 by December. The index continued to drop in January 2013, falling five points to 100, the lowest index since August 2011.
Sub-Saharan Africa to Europe
Exports from sub-Saharan Africa to Europe inched down 0.5 percent year-over-year to 64,700 TEUs in January 2013. Export volume in this trade lane had the only month-to-month increase in January 2013 out of all of the regions analyzed, up 1.3 percent from December 2012.
In 2012, exports from sub-Saharan Africa to Europe decreased 3.4 percent year-over-year, to 764,100 TEUs.
Rates in this market remained in the 90’s in 2012. The CTS rate index was at 94 in January, hit a high of 98 in April, and ended up at 90 in December. The index climbed to 92 in January 2013.
Sub-Saharan Africa to the Indian Subcontinent and the Middle East
Containerized trade from sub-Saharan Africa to the Indian subcontinent fell 5 percent year-over-year and 15.3 percent month-to-month in January 2013 to 30,400 TEUs.
In 2012, exports from sub-Saharan Africa to the Indian subcontinent inched down 0.3 percent year-over-year, to 518,500 TEUs.
The CTS index of rates in this trade rose and fell in 2012. It started in January 2012 at 87 and was at 89 in December, down from a high of 99 in July. In January 2013, the index fell a point to 88.
Sub-Saharan Africa to North America
Containerized trade in this lane declined almost 21 percent year-over-year and 35.3 percent month-to-month to 14,100 TEUs in January. For the full year of 2012, exports from sub-Saharan Africa grew 7 percent when compared to the level seen in 2011, to 223,700 TEUs.
The CTS price index remained in the 80’s in 2012, beginning at 81 in January, hitting a high of 88 in May, and ending up at 80 in December. The index fell to 74 in January 2013.
Sub-Saharan Africa to South/Central America
Sub-Saharan Africa exported 2,900 TEUS to South and Central America in January 2013, down 6.5 percent from the level seen in January 2012 and over 43 percent from December 2012.
In 2012, exports from sub-Saharan Africa in this lane increased 0.4 percent year-over-year to 49,400 TEUs.
Rates in this market as tracked by CTS rose in 2012. In January 2012 the CTS index stood at 91; it hit a high of 103 in November, but then fell to 95 in December. In January 2013 the price index jumped nine points to 104.