Updates on SeaRates Freight: China Market in 2023

Updates on SeaRates Freight: China Market in 2023

An overview of freight rates from China to various regions

Shipping from China to most regions today has stable demand and no supply chain issues. In most cases, the statistical data shows that freight charges are rising. Check out the insights below for further details per region:

North America: Freight prices from Chinese ports to western US ports increased by 1.2% over the previous month. At the same time, ocean prices to eastern US ports increased by 5.6% over the previous month. The availability of space and equipment is normal, with a modest rise in cargo volume emphasized.

Updates on SeaRates Freight: China Market in 2023

We’d like to let you know that we expect freight prices on the China-North America trade route to rise soon. We propose that our customers plan their shipments carefully and consider booking ahead of time to provide adequate capacity and minimize potential delays.

The following are examples of the most cost-effective prices for 20-foot FCL container transportation from China to North America.

Shanghai – Seattle (Wa)From $1400
Qingdao – EdmontonFrom $2900
Shanghai – New YorkFrom $2800
Shenzhen – Long BeachFrom $1400
Shekou – BaltimoreFrom $3000
Shanghai – VancouverFrom $1100
Actual rates are valid until December 31, 2023

South America: The South American shipping market is stable. The overall freight volume has shifted little. Rates for South American base ports have dropped by 4.5% since last month. The space and equipment were adequate and standard.

Updates on SeaRates Freight: China Market in 2023

We’d like to let you know that we expect freight prices on the China-South America trade route to rise soon. We propose that our customers plan their shipments carefully and consider booking ahead of time to provide adequate capacity and minimize potential delays.

The following are examples of the most cost-effective rates for the transportation of 20-foot FCL containers from China to South America.

Yantian – GuayaquilFrom $1700
Shekou – SantosFrom $2700
Yantian – CartagenaFrom $2100
Shanghai – CallaoFrom $1200
Shanghai – Buenos AiresFrom $1900
Qingdao – ManzanilloFrom $1300
*Actual rates are valid until December 31, 2023.

Europe: Cargo shipping demand is stable. Freight prices from Chinese ports to European base ports have increased by 9.2% over the previous month. Furthermore, the freight rate from China to MED base ports climbed by 6.6% over the previous month. The space and equipment were adequate and standard.

Updates on SeaRates Freight: China Market in 2023

The following are examples of the most cost-effective rates for the transportation of 20-foot FCL containers from China to Europe.

Qingdao – BremerhavenFrom $1000
Qingdao – AntwerpenFrom $500
Qingdao – GenovaFrom $900
Wuhan – LisboaFrom $2500
Shanghai – RotterdamFrom $900
Shanghai – Fos Sur MerFrom $1200
*Actual rates are valid until December 31, 2023.

Africa: Freight prices for African ports continue to fall in comparison to last month. Furthermore, space and equipment were enough and normal.

Updates on SeaRates Freight: China Market in 2023

The following are examples of the most cost-effective rates for the transportation of 20-foot FCL containers from China to Africa.

Qingdao – AgadirFrom $3000
Shekou – BeirutFrom $1800
Qingdao – DjiboutiFrom $1500
Shanghai – Cape TownFrom $1600
Shanghai – ApapaFrom $2000
*Actual rates are valid until December 31, 2023.

Middle East: Shipping demand is stable, with a modest drop in cargo volume. Ocean prices from Chinese ports to the key Middle Eastern ports, mainly Persian Gulf ports, fell 3.8% month on month. The space and equipment were adequate and standard.

Updates on SeaRates Freight: China Market in 2023

The following are examples of the most cost-effective rates for the transportation of 20-foot FCL containers from China to the Middle East.

Shanghai – Abu DhabiFrom $1100
Shanghai – DammamFrom $1200
Ningbo – DubaiFrom $1300
Ningbo – Abu DhabiFrom $1200
Qingdao – SharjahFrom $1500
Shekou – Jebel AliFrom $1100
*Actual rates are valid until December 31, 2023.

Asia: Freight prices from China to Australia and New Zealand base ports fell 0.8% from the previous month. Furthermore, ocean rates from China to Japan base ports remain constant in comparison to previous month. The Oceania shipping market is experiencing sustained demand. However, the availability of space and equipment is regular.

Updates on SeaRates Freight: China Market in 2023

The following are examples of the most cost-effective rates for the transportation of 20-foot FCL containers from China to Asia.

Ningbo – PusanFrom $6
Shanghai – SurabayaFrom $300
Shenzhen – Nhava ShevaFrom $550
Qingdao – PipavavFrom $800
Ningbo – Laem ChabangFrom $170
Shanghai – KlangFrom $60
*Actual rates are valid until December 31, 2023.

Cargo transit from China continues to be favorable, with enough equipment and capacity to fulfill rising demand.

Different destinations have different freight pricing patterns, either increasing or decrease. However, freight prices for transportation from China are generally declining. Demand is extremely high in most places, particularly during the peak season.

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