According to a report by the American Retail Federation, the January container imports recorded by major ports in the United States in 2021 will be the highest level in 19 years.
According to the Federation, the import volume of containers at major US ports in 2021 will increase by 13% year-on-year to 2.06 million units (the unit is TED, the same below). It is expected that in the first half of 2021, with the popularization of the COVID-19 vaccine in the United States, consumers will also have more confidence in the development of the US economy, which will lead to an increase in consumer consumption and further increase the import volume of containers at the port, and the supply of furniture in the United States. The problem of deficiencies of furniture in USA will also be gradually resolved.
Based on this, the Federation also believes that in 2021, the US retail industry will present a good situation: importers are busy importing various goods. This shows from the side that the consumption of American consumers how strong is the demand.
Home and renovation stores are now the most beautiful cubs on the entire retail "street"-according to data from the US Department of Commerce, in February 2021, Americans spent about 11.3 billion U.S. dollars on home furnishing and home improvement, a year-on-year increase up 12%. Since April 2020, Americans’ spending on this part of the content has increased by an astonishing 181%!
The COVID-19 epidemic has not deterred consumers' shopping enthusiasm to a large extent. Now, American consumers' shopping enthusiasm is unprecedentedly high.
NRF anticipated:
US container imports in April will be 1.9 million, an increase of 18.2% year-on-year.
US container imports in May will be 1.92 million, a year-on-year increase of 25.2%.
US container imports in June will be 1.92 million, a year-on-year increase of 19.6%.
US container imports in July will be 2.02 million, a year-on-year increase of 5.3%.
Basically, in the first half of 2021, US retailers will be busy and happy.