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US-bound imports remain robust in January, reports Panjiva survey
来源:Shipping News Headlines 编辑:编辑部 发布:2021/02/26 10:28:13
US-BOUND import activity got off to a good start to the year, according to data from global trade intelligence firm Panjiva, reports Modern Materials Handling of Framington, Massachusetts.
Total January US container imports were 15.1 per cent up year on year to 2,797,599 TEU, This compares with December's 21 per cent annual rise.
Panjiva also reported discretionary products increased 26.3 per cent, following January's 34.3 per cent annual gain; healthcare products rose 37.3 per cent, with equipment and personal protection equipment imports were up 37.9 per cent and pharmaceuticals, excluding SARS-COV-2 vaccines, rose 28.4 per cent.
Other increases were posted for household/personal care imports, up 50.5 per cent but off 26.1 per cent from the July peak Total consumer staples were up 34.8 per cent, up from December's 31.7 per cent gain; consumer discretionary imports were up 26.3 per cent; consumer electronics rose 17.2 per cent and home furnishings rose 34.4 per cent.
But textiles and apparel decreased 1.9 per cent, down for the first time since August 2020 while industrial imports were up 13.4 per cent, yet down from December's 19.2 per cent increase.
Looking at trade lanes, the report observed that exports from China, including Hong Kong, were up 22.7 per cent annually. Imports from the rest of Asia headed up 16 per cent, including a 16.7 per cent decline in imports from Taiwan and a 1.2 per cent decline in shipments from Japan. Imports out of Europe showed ongoing gains, rising 19.1 per cent, topping December's 13 per cent gain.
Panjiva research chief Chris Rogers said in an interview that this most recent batch of data represents a lot of moving parts working towards surprisingly high numbers to start 2021, for both annual growth percentage and total volumes.
"This is the kind of level of shipments you would only normally see in the October Peak Season for deliveries, and it is effectively a sign of just how strong demand has been for shipping services," he said.
"Underlying demand for goods is clearly still strong and has been strong for a long time," Mr Rogers said.
Total January US container imports were 15.1 per cent up year on year to 2,797,599 TEU, This compares with December's 21 per cent annual rise.
Panjiva also reported discretionary products increased 26.3 per cent, following January's 34.3 per cent annual gain; healthcare products rose 37.3 per cent, with equipment and personal protection equipment imports were up 37.9 per cent and pharmaceuticals, excluding SARS-COV-2 vaccines, rose 28.4 per cent.
Other increases were posted for household/personal care imports, up 50.5 per cent but off 26.1 per cent from the July peak Total consumer staples were up 34.8 per cent, up from December's 31.7 per cent gain; consumer discretionary imports were up 26.3 per cent; consumer electronics rose 17.2 per cent and home furnishings rose 34.4 per cent.
But textiles and apparel decreased 1.9 per cent, down for the first time since August 2020 while industrial imports were up 13.4 per cent, yet down from December's 19.2 per cent increase.
Looking at trade lanes, the report observed that exports from China, including Hong Kong, were up 22.7 per cent annually. Imports from the rest of Asia headed up 16 per cent, including a 16.7 per cent decline in imports from Taiwan and a 1.2 per cent decline in shipments from Japan. Imports out of Europe showed ongoing gains, rising 19.1 per cent, topping December's 13 per cent gain.
Panjiva research chief Chris Rogers said in an interview that this most recent batch of data represents a lot of moving parts working towards surprisingly high numbers to start 2021, for both annual growth percentage and total volumes.
"This is the kind of level of shipments you would only normally see in the October Peak Season for deliveries, and it is effectively a sign of just how strong demand has been for shipping services," he said.
"Underlying demand for goods is clearly still strong and has been strong for a long time," Mr Rogers said.