Late supply, low demand deal a blow to containerised trade
WAREHOUSING & LOGISTICS

Late supply, low demand deal a blow to containerised trade

Global container logistics major Maersk recently said that Indian containerised trade suffered a severe blowback this year owing to staggered supply and demand setbacks across the region along with other challenging indicators.

Overall recovery in imports and exports is expected in the first half of the next year, said the report. While imports remained subdued, with indications of slow recovery coming in by the end of next year, Maersk reported a strong rebound in exports based on the rising demand for textiles and apparel.

Maersk also added that the Covid-19 pandemic brought light to the importance of trade on a global scale and the interdependence of nations. This highlights the importance of the logistics sector to continue the delivery for critical supplies to promote economic recovery.

India's containerised sector has been impacted severely because of the low supply and lesser demand for goods combined with challenging economic indicators in the second and third quarters of 2020.

Between July and September this year, Indian containerised trade decreased to 8% in comparison to last year. However, compared to Q2, 31% of the trade has witnessed recovery, Maresk stated. 

The export industry grew to 14% over the Q3 in 2020. These were higher than 47% than Q2 in 2020. However, the import was 28% lower than Q3 of 2019.

Patterns in retail behaviours are reshaping the supply chain trends. This focuses on risk mitigation and resilience-building while dealing with threats of growing trade protectionism.

The government's initiatives to attract investments focus on developing port and landside infrastructure, lower labour costs, technology automation and adoption, and the availability of raw materials are factors that favour this development.

The company has said that there has been a rise in the export industry demand for Indian textiles and apparel, especially to the North American markets.

Maersk had mentioned that the other commodities that witnessed growth in exports include tile, stone and glass to the north European region, and seeds, beans, cereal and flour to the Middle East and Mediterranean countries.

Since the last quarter, the imports of commodities such as paper, metal, appliances and kitchenware have increased compared to the same period last year.

Image Source

Global container logistics major Maersk recently said that Indian containerised trade suffered a severe blowback this year owing to staggered supply and demand setbacks across the region along with other challenging indicators. Overall recovery in imports and exports is expected in the first half of the next year, said the report. While imports remained subdued, with indications of slow recovery coming in by the end of next year, Maersk reported a strong rebound in exports based on the rising demand for textiles and apparel. Maersk also added that the Covid-19 pandemic brought light to the importance of trade on a global scale and the interdependence of nations. This highlights the importance of the logistics sector to continue the delivery for critical supplies to promote economic recovery. India's containerised sector has been impacted severely because of the low supply and lesser demand for goods combined with challenging economic indicators in the second and third quarters of 2020. Between July and September this year, Indian containerised trade decreased to 8% in comparison to last year. However, compared to Q2, 31% of the trade has witnessed recovery, Maresk stated.  The export industry grew to 14% over the Q3 in 2020. These were higher than 47% than Q2 in 2020. However, the import was 28% lower than Q3 of 2019. Patterns in retail behaviours are reshaping the supply chain trends. This focuses on risk mitigation and resilience-building while dealing with threats of growing trade protectionism. The government's initiatives to attract investments focus on developing port and landside infrastructure, lower labour costs, technology automation and adoption, and the availability of raw materials are factors that favour this development. The company has said that there has been a rise in the export industry demand for Indian textiles and apparel, especially to the North American markets. Maersk had mentioned that the other commodities that witnessed growth in exports include tile, stone and glass to the north European region, and seeds, beans, cereal and flour to the Middle East and Mediterranean countries. Since the last quarter, the imports of commodities such as paper, metal, appliances and kitchenware have increased compared to the same period last year. Image Source

Next Story
Infrastructure Urban

India To Invest $37 Billion To Boost Petrochemical Capacity

India is set to become a major global player in the petrochemicals industry, driven by a planned capital expenditure of $37 billion (Rs 3.1 trillion) aimed at reducing import dependency and enhancing self-sufficiency, according to S&P Global Ratings.In its latest report titled “First China, Now India: Self-Sufficiency Goals Will Add To Petrochemicals Supply”, S&P said India’s large-scale capacity expansion—mirroring China’s earlier push—will likely intensify oversupply pressures in Asia’s petrochemical markets.Currently the world’s third-largest petrochemical consumer a..

Next Story
Infrastructure Transport

Indian Railways Expands Global Exports Of Rail Equipment

Indian Railways has announced that it is rapidly emerging as a global exporter of railway equipment, including bogies, coaches, locomotives, and propulsion systems, under the government’s ‘Make in India, Make for the World’ initiative.According to an official statement, India’s railway products are now reaching over 16 international markets, reflecting the country’s growing capacity to design, develop, and deliver world-class rail solutions.Metro coaches have been exported to Australia and Canada; bogies to the United Kingdom, Saudi Arabia, France, and Australia; propulsion systems t..

Next Story
Infrastructure Transport

RailTel Awards Rs 163 Million Contract To RTNS Technology

RailTel Corporation of India Limited (RailTel), a Mini Ratna Public Sector Undertaking, has awarded a domestic work order worth Rs 163 million to RTNS Technology Private Limited.The contract, issued on 30 September 2025, involves the supply and installation of equipment and related services for one of RailTel’s key customers. The project underscores RailTel’s commitment to advancing technology and communication infrastructure through collaboration with domestic system integrators.RTNS Technology Private Limited, an ISO-certified system integrator, provides comprehensive solutions for perim..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?