Containerized export volume from Australasia/Oceania to most reported regions experienced significant declines in May 2013, according to data from Container Trades Statistics Ltd. Exports to Far East Asia, however, jumped 10.6 percent.
Australasia/Oceania to Far East Asia
Australasia/Oceania exported 169,300 20-foot-equivalent units to Far East Asia in May, 4.7 percent more than in April 2013. Exports in this lane have seen double-digit year-over-year growth in ten of the past twelve months. In the first five months of 2013, exports in this trade increased 11.3 percent year-over-year to 746,600 TEUs. The CTS rate index in this market slipped 3 points in May to 124.
Australasia/Oceania to Europe
Exports from Australasia/Oceania to Europe fell 9 percent year-over-year to 16,300 TEUs in May, the only region having a decline that was less than 10 percent this month. Export volume dropped 9.4 percent from April. Through May 2013, exports from Australasia/Oceania to Europe were down 4.4 percent year-over-year to 80,800 TEUs. The CTS index of rates in this trade decreased 2 points to 106.
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 14,000 TEUs in May 2013, down 21 percent compared to May 2012 and slipping 5.4 percent month-to-month. This was the fifth consecutive month with a year-over-year decline, and the largest drop since the JOC began collecting this data in January 2011. Exports from Australasia/Oceania in this lane during the first five months of 2013 fell 9 percent year-over-year to 66,600 TEUs. The rate index slipped from 107 in April to 105 in May.
Australasia/Oceania to North America
Containerized trade in this lane dropped 11.4 percent year-over-year and 4 percent month-to-month, to 17,100 TEUs. This was only the second year-over-year decrease in the past 12 months. Exports from Australasia/Oceania in January through May inched down 0.1 percent from the level seen in the same period of 2012, to 82,800 TEUs. The CTS price index decreased by 2 points in May to 96.
Australasia/Oceania to South/Central America
Australasia/Oceania exported 2,300 TEUs to South and Central America in May, down 18 percent year-over-year and 8 percent from April. In the first five months of 2013, exports from Australasia/Oceania in this lane fell 15.8 percent year-over-year to 11,700 TEUs. The CTS rate index in this market climbed 1 point to 98 in May.
Australasia/Oceania to Sub-Saharan Africa
Containerized trade decreased 15.4 percent year-over-year in May to 3,300 TEUs. This was the first decline in eight months. However, volume rose 3 percent from the month before. In the first five months of 2013, exports from Australasia/Oceania to sub-Saharan Africa were flat year-over-year, totaling 15,800 TEUs. The rate index in this market increased to 94 in May from 90 in April.