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    South American recovery evident as fruit export season dawns: Drewry

    来源:shippingazette.com    编辑:编辑部    发布:2017/11/09 09:56:17

    THE northbound east coast South America to Europe trade is recovering as Brazilian fruit export season gathers steam, says London's Drewry Maritime Research.

    Drewry Container Insight Weekly statistics show that the southbound market continues to strengthen, while the down trend northbound has started to improve. 

    Figures from Datamar up to and including September reveal that southbound container volumes from Europe show year-on-year gains in 13 consecutive months, with seven months up 10 per cent. 

    After nine months in 2017, the southbound trade was up 12 per cent year on year and on course to match the 2014's total after two lean years, that is the first year since 2013 of real growth. 

    Split by region of export, growth from the smaller Mediterranean market was strongest, rising 17 per cent to 181,000 TEU after nine months. North Europe exports to ECSA increased 10 per cent to 442,000 TEU over the same period. 

    Shipments in the more reefer-dominated northbound trade were down three per cent after three quarters, said the Drewry report. 

    But trade had improved since the second quarter, impacted as it was, by severe weather that closed the port of Itajai in south Brazil for three weeks in May and June, it said. 

    Northbound volumes increased 1.8 per cent year-on-year in the third quarter, following three consecutive negative quarters. 

    But imports to Brazil have benefited from a fall in the country's inflation rate, which recently decreased to a 10-year low of four per cent, and from an appreciation of the currency. 

    A bumper soy bean crop this year, following a disastrous one the year before, is helping the country to climb out of recession, which in turn is giving some assurance to importers and consumers that the tide has turned.