New post-pandemic scenery
We are certainly not discovering today how important it is for an SME to import from China. On the contrary, this activity has proven to be a distinctive success factor for many companies in various sectors for decades now.
What we do want to highlight is how much the pandemic has affected the last two years.
Fares drop for 35th straight week
As shown in the slides above we have gone from record prices of 18,000 usd for a 40HQ container to less than half that.
Euro bounces back above dollar parity
Another factor to exploit is the recent rise of the euro which has outpaced the dollar.
Shipping times back to pre-pandemic times
(35 days on average)
Finally, a key element in business planning, the shipping timings of ships have rebalanced. Indeed, during the covid period it was not difficult for a container to take three months to sail from Asia to Europe.
Our analysis therefore shows a more than positive scenario in non-EU trade.
“import from China as the key to succes“
Exploiting the competitive advantages that would result from importing from China would not only increase one’s competitiveness in one’s own market but also increase margins.
“The advice I can give is to embark on an import planning strategy now. In a globalised world, the competitive scenario is no longer just national but international. It is therefore important to improve one’s sourcing capabilities, control them and have certainty of supply. By importing with MARVAL from China, you can achieve competitive prices, time and supply security. Key and distinctive facts to increase your market share.”