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Ports in the western Mediterranean are approaching full loads due to a surge in transport volumes, leading to rising inventory costs and the risk of shortages of parts.Route changes increase port loads, affecting supply chains, forcing shipping companies to look for alternative ports.

In April 2024, South Koreas exports grew by 11.1 percent, to $35.8 billion, and imports grew by 6.1 percent.The demand for semiconductor and technology products rose, the global market demand for high-tech products increased, and South Koreas economy recovered significantly.

In April 2024, U.S. and UK sanctions on Russia caused LME aluminum prices to reach new highs since June 2022, and copper prices also rose.Russias aluminum inventory share is high, the market is concerned about supply shortages, and price fluctuations affect enterprise performance.

In March 2024, Poland’s building materials prices fell by 3.2% compared to last year, and the wholesale sector fell even more significantly. The price of paint and paint rose, while the price of cement and petrochemicals rose. Sales data showed the growth of roof paper and cement sales, and the sales of petrochemicals declined.

SCFI shows a strong rise in shipping prices for routes from Asia to South America and West Africa, with the price per TEU of the Far East to South America routes rising to $4,153, shipping companies adjusting their strategies to meet market demand, and new routes are expected to intensify regional competition.

In March 2023, Japans exports grew by 7.3 percent, driven mainly by automotive and semiconductor exports, but the trade deficit fell for the third year in a row, with exports to China falling, and the Japanese government sought a solution.