Containerized export volume from Australasia/Oceania to South and Central America plummeted in March 2013, according to data from Container Trades Statistics Ltd. This lane has seen double-digit year-over-year drops for five of the past six months.
Australasia/Oceania to Far East Asia
Australasia/Oceania exported 158,500 20-foot-equivalent units to Far East Asia in March 2013, 14 percent higher volume than in March 2012 and more than 12 percent higher than in February 2013. Nine of the past 11 months saw double-digit year-over-over increases in this lane. In the first quarter of 2013, exports in this lane increased 8.6 percent year-over-year to 415,600 TEUs. The CTS rate index in this market fell a point in March 2013 to 123.
Australasia/Oceania to Europe
Exports from Australasia/Oceania to Europe climbed 3 percent year-over-year to 17,500 TEUs in March 2013. Export volume increased 13 percent from February 2013. In the first three months of 2013, exports from Australasia/Oceania to Europe declined 1.7 percent year-over-year to 45,900 TEUs. The CTS index of rates in this trade rose 2 points to 105.
Australasia/Oceania to the Indian Subcontinent and the Middle East
Containerized trade from Australasia/Oceania to the Indian subcontinent and the Middle East declined to 14,500 TEUs in March 2013, down 2 percent compared to March 2012, but 22 percent higher sequentially. This was the third consecutive month showing year-over-year declines. Exports from Australasia/Oceania in this lane during the first three months of 2013 fell 5.3 percent year-over-year to 37,800 TEUs. The rate index slipped 4 points to 109 in March.
Australasia/Oceania to North America
Containerized trade in this lane increased 5.4 percent year-over-year to 17,600 TEUs in March 2013 from March 2012 and jumped more than 17 percent from February 2013. Exports from Australasia/Oceania during the first quarter of 2013 inched up 0.4 percent from the level seen in the same period of 2012, to 47,600 TEUs. The CTS price index increased by a point in March to 97.
Australasia/Oceania to South/Central America
Australasia/Oceania exported 1,900 TEUs to South and Central America in March 2013, down approximately 30 percent year-over-year and 21 percent month-to-month. In the first three months of 2013, exports from Australasia/Oceania in this lane fell 20.2 percent year-over-year to 6,700 TEUs. The CTS rate index in this market remained at 110 in March.
Australasia/Oceania to Sub-Saharan Africa
Containerized trade remained flat year-over-year in March 2013, holding at 3,400 TEUs. Volume jumped 13.3 percent from the month prior. In the first quarter of 2013, exports from Australasia/Oceania to sub-Saharan Africa grew 5.7 percent year-over-year, totaling 9,300 TEUs. Rates in this market fell from 99 in February to 94 in March.