Is the sharp drop in shipping costs this year good for China's exports of Christmas items?


The traditional peak season of Christmas foreign trade is coming soon, and the sea freight price, which remained high last year, has also continued to fall this year, facing a cold snap. Is this really good for the export of Chinese Christmas items? Generally, the global container shipping market is facing the traditional peak season in the third quarter, but this year it is uncharacteristically. Instead of continuing to rise, sea freight continues to fall. So why is the price of sea freight plummeting again and again, facing the golden period of Christmas stocking, will China's Christmas exports be revived? At present, the sharp drop in shipping prices is mainly due to the breakdown of supply chains during the epidemic, which led to supply cuts in most countries. Therefore, many countries experienced a "hoarding tide", which triggered the high shipping prices last year, and they were ridiculously high. However, this year, due to the high inflationary pressure in Europe, America and the rest of the world, consumer demand has declined, and the inventory accumulated in the previous period cannot be digested by the market. Many European and American importers have canceled their commodity orders. For example, in August of this year, Wal-Mart canceled nearly $1 billion in orders, and then retailer Target also canceled orders exceeding $1.5 billion. As companies at the top of the food chain, they have a very accurate grasp of the market and opportunities. Major companies have canceled orders one after another, which also sent a signal to the outside world that the procurement and consumption capabilities of European and American countries continue to slump. At present, due to inflation and low consumer sentiment in European and American countries, many sellers are not optimistic about this year's Christmas sales. Although shipping prices have plummeted, the market is cold, which may not be a good thing for Chinese Christmas suppliers. But there is no need to worry too much. There is no need to doubt the importance of Christmas to European and American countries. I believe that no matter how bad their economic environment is, they will spend Christmas happily..

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