Rising Ocean Freight Costs Causing Price Increases

Here at Pacific Silkscapes we import from different countries for our artificial plants and trees. Over the years we have seen costs move and adjust with the times, everything within reason. As with many things in 2020, these costs went a little crazy to say the least.

 

Alright, what’s the damage?

Overseas shipping costs have effectively doubled within the last 8 months. This applies to any and every industry that imports goods from overseas whether it is a finished product, or general supplies. Every importer is feeling the pain right now.

 

What impact is this having? 

In short, importers are trying to find solutions to mitigate the cascading increase in costs from shipping alone. Because of the lengthy summer lockdowns, businesses had put a hold on re-stocks and shipping which created a lull. Closer to the end of 2020, everyone rushed to get merchandise in to be available for the holidays. That rush had overloaded ports all over the Pacific Ocean including West Coast ports in the US and we are still feeling the effects right now.

After speaking with our shipping industry contacts, we expect these increases to continue to go up at least until the Summer. For many industries in the US this may mean a continued lack of inventory, cost increases and lengthened restock timelines as response options to the situation.

 

What do you recommend?

Buying custom made trees instead of pre-mades from Pacific Silkscapes will mitigate these costs.  Although we are shipping the foliage from China, most of the cost will be in labor.  You will save money because you are not shipping a big tree from China. You also get a nicer tree and a much better value for you money.

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