Export volumes are continuing to increase on the back of a weak rand, boding well for the overall outlook of the sector.
According to Paul Danvers, commercial director at Groupair, economic demand is the key driver, along with South Africa’s traditional industries.
“This year, however, offers potential uncertainty with it being an election year in South Africa.
"The results will impact relationships with key trading partners that continue to seek economic stability.
"If all goes well, then our exports will do well.”
Asked about challenges, Danvers said increased rates due to higher demand caused by the Middle East shipping crisis prevailed.
“Should the threats of the Indian Ocean shipping lane being a target materialise, demand for airfreight will be vastly higher.
"This will lead to serious capacity challenges and steep price increases.”
Danvers said Groupair South Africa was continuing to invest in its local operations processes as part of its growth strategy.
“We have revamped our operations processes and warehouse, aligning ourselves with various health and safety protocols.
"This has resulted in a far more streamlined layout that is easier to receive and dispatch cargo.
”The company has also expanded globally, with Groupair UK opening its doors in 2023. Additional expansion is planned for multiple continents during this year."
- For more news about exports, have a look at our related special edition in Freight Features.
