The impact of European and USA Summer holidays on imports into NZ
The summer holiday season in Europe and the United States, which typically spans from June 21st to September 23rd, brings about changes in various aspects of international trade. As New Zealand relies on imports from these regions, it is important to understand the potential impact of the summer holidays on the importation of goods.
Reduced productivity and manufacturing:
During the summer holidays, many European and American businesses experience reduced productivity and manufacturing output. Companies may have limited staff availability as employees take time off for vacations and family commitments. This could result in delays in the production, shipping, and delivery of goods to New Zealand.
Limited availability of goods:
The summer holidays often coincide with peak travel seasons, leading to increased demand for travel-related products and services. As a result, certain goods may be in high demand domestically, leading to reduced availability for export. This limited availability could impact the supply chain and cause delays in importing goods into New Zealand.
Adjustments in shipping schedules:
Shipping companies may make adjustments to their schedules during the summer holiday season to accommodate reduced demand. This could result in fewer vessels operating between Europe, the USA, and New Zealand. Consequently, it may take longer for goods to reach their destination, causing potential delays in imports.
Communication and coordination challenges:
With key personnel taking time off during the holidays, communication and coordination between importers, exporters, and shipping companies may face challenges. Delayed responses, difficulties in obtaining information, and potential misunderstandings could affect the smooth flow of imports into New Zealand.
Increased delays:
During peak holiday seasons, road transport restrictions can significantly impact trucked transportation, leading to delays. Moreover, the surge in passenger travel and accompanying luggage demand reduces the cargo capacity in aircraft departing from European countries and the USA, consequently slowing down cargo movements.
Planning ahead, maintaining effective communication with your suppliers and Gateway Cargo along with closely monitoring the supply chain can help mitigate the potential effects of the summer holidays on imports into New Zealand.