Import of goods from Asia to Europe in 2024, it becomes increasingly demanding due to new sanctions and changing transport rates.
These changes have resulted in Intermodal transport from Asia to Europe will encounter additional difficulties and increase in logistics costs.
The sanctions imposed include products from the technological, chemical, machinery and metallurgical industries
As a result, additional checks are carried out on goods in transit on the territory of Russia, which affects the Extending transport time from China to Europe and forces a part of the supply to be diverted to sea routes, which is associated with further price increases.
WITH November 15, 2024 new rates for container transport from Asian ports to ports in Northern Europe will come into force, which will further increase import costs. In addition, the situation is complicated by the upcoming Chinese New Year 29 January 2025, when many companies in Asia are curtailing their operations, which will further slow the flow of goods and drive up transport prices.
To minimize the impact of these changes, Importers from Asia to Europe Elban Group recommends the following strategies:
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