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Monthly Archive for April, 2010

Container-shipping rate expand

The ratio of used vehicle exports using container ships to total exports increased by 12 percentage points on the year to 42.7% in 2009.

According to a study of the International Auto Trade Association (iATA), used vehicles exported by container ships totaled 288,261 units in 20099. Total exports were 675,858 units.

UAE (89,966 units) ranked first in the container-shipped vehicles and marked the 88.% of container-export ratio. South Africa (55,304 units, 81.4%) came in second and third, respectively.

 In contrast, New Zealand and Keynya showed low levels of such ratios at 13.4% and 6.8%, respectively.

But the 2009 container-shipeed volume was a 29% decline compared with the previous year’s 408,478 vehicles. In 2008, total exports were 1,347,026 vehicles. Declined number in vehicles bound for Russia (from 563,369 units in 2008 to 53,180 in 2009) affected the increased ratio of container-shipped vehicles as a whole.

Used vehicles for overseas markets mark double-digit rise 2nd straight month

Used vehicle exports in February totaled 570416 units, an increse of 52.1% from a year earlier, according to the Ministry of Finance Customhouse statistics. It marked the second consecutive month to show double-digit increase.

The February figure was a 32% increase from previous month.

According to the analysis of the International Auto Trade Association (iATA), twenty two countries in the top 25 destinations saw year-on-year increases for February. Only four countries posted year-on-year declines. They were Bangladesh, down 47.9%, Uganda, down 3.3%, Thailand, off 0.3%, and Suriname, down 63.8%.

United Arab Emirates retained the No.1 position with 8,117 unites, up 7.6%. The average FOB price also rose by around 50,000 yen on the year.

Second-ranked New Zealand saw an increase of 136.3% from a year earlier in its imported volume from Japan. The average FOB price rose by around 100,000 yen on the year, suggesting a sign of recovery in demand for Japanese used cars in that country.

Exports to Chile, ranked third, increasesd 842.6% to 5,797 units. The average FOB price remained unchanged.

Used vehicles bound for Russia also sharply increased to 5,136 units in February. The average FOB price, however, declined around 30,000 yen.

Exports to South Africa rose by 126.6% to 4,758 units. The average FOB price dropped around 20,000 yen.

In the first two months of this year, exports of used cars, trucks and busses from Japan totaled 100,590 units, up 55.9% from a year earlier.