Reasons for the price increase of scaffolding products

As we all know, fluctuations in raw materials, ocean freight and exchange rates are the three major factors affecting our export of scaffolding products.

The price of raw materials has risen in recent years! Sea freight has skyrocketed! Exchange rate fluctuations! In particular, sea freight is getting higher and higher and continues to rise. What is even more exaggerated is that the sky-high sea freight cannot guarantee the space.

The main reason was that due to the impact of the epidemic during the reporting period, shortage of containers and port congestion occurred around the world, which led to an increase in unit price of international ocean freight, which resulted in a substantial increase in operating income under the same cargo volume.

The rise in the price of scaffolding products is largely due to the increase in sea freight costs, which have led to a certain increase in costs in almost all industries. The increase in sea freight in recent years has led to a substantial increase in costs in almost all industries. After sea freight increased, the price of scaffolding increased by at least 40-50%.

The approximate price of EK scaffolding products in the same period last year

Changes in Sea Freight this year

Reasons for rising Sea Freight

The rate of increase in the price of major scaffolding products this year

How to reduce the purchase and use cost of scaffolding products

EK Scaffolding manufacturer and supplier in China

1. The approximate price of EK scaffolding products in the same period last year

The price of 240x45x1.0x3000 steel plank during normal period is $6.63/pcs

And this year's Steel walk board price is about $10.38/pcs.

Base on CIF.

• Changes in Sea Freight this year

Sea freight has been rising and not falling. And it’s difficult to book a space. However, freight rates on European and American routes continue to rise, and what is even more jaw-dropping is that the high freight rates cannot guarantee space. Lack of shipping space and limited weight for each container.

• Reasons for rising Sea Freight

Behind the continuous surge in ocean freight rates, major economies such as the United States and Europe have emerged from the epidemic and demand continues to be repaired. At the same time, global ocean shipping capacity "is in short supply." This is mainly due to the fact that the shipping vessels in the sea are already operating at full capacity, and at the same time, new vessels are added and the capacity is severely insufficient.

China's foreign trade is picking up at an accelerated pace. Coupled with the continuous increase in the overseas epidemic, China's overseas orders continue to increase. Facing the current problems of poor shipping, port congestion, prolonged delivery time, shortage of containers, etc., some exporters are also faced with unwillingness to accept orders.

• The rate of increase in the price of major scaffolding products this year

  
  

According to the analysis of industry experts, the price of scaffolding will only continue to rise at the end of this year. Due to the Chinese government's measures to limit electricity and environmental protection, labor costs and raw material prices have been rising.

• How to reduce the purchase and use cost of scaffolding products

  
  

Develop new suppliers and compare the prices of new and old suppliers.

After comparison, choose scaffolding products with higher cost performance to extend the product life cycle.

• EK Scaffolding manufacturer and supplier in China

  
  

EK Metalwork is a manufacturer specializing in the production of high-quality scaffolding. The main products are couplers, pipes, steel props, cuplock system, ringlcok system, frames, aluminum beams, aluminum ladders, steel ladders, K stage system, base jack and any other scaffolding related products. The main strength is that it can provide customized services according to customer requirements and has supplied scaffolding products to more than 20 countries.

If any scaffolding products you are interested in, welcome to make a inquire!