WAREHOUSE INFRASTRUCTURE FOR INTERNATIONAL LOGISTICS

Conversation with the VED360 Telegram channel about the features of warehouse infrastructure in Russia, ensuring international supply chains.

Warehouses play an important role in international supply chains. They form an entire ecosystem that ensures the distribution of goods from producers to consumers.

Today, the volume of international cargo transportation in Russia remains high, in particular, due to the restructuring of logistics chains to the eastern and southern directions.

For example, at the end of 2023, the volume of international transportation of the Russian Railways network amounted to 551 million tons (+2.6% compared to 2022), and the cargo turnover of seaports reached 883.8 million tons (+5%). At the same time, the volume of maritime cargo transportation along the North-South international transport corridor alone increased by 55% last year, to 5.54 million tons of cargo.

The growing cargo flow also determines the need for warehouse capacity. Thus, according to IBC Real Estate, the demand for warehouse real estate related to international trade is growing, as are investments in the segment: in the first quarter of 2024, their volume increased by 6% year-on-year (while investments in other types of commercial real estate fell by 38%).

IBC Real Estate experts associate the development of the warehouse segment with the development of five existing and promising transport corridors:

  • ITC “North-South” with access to India, Iran and the countries of the Middle East;
  • Eastern range with a focus on China and other Asian countries;
  • ports of the Azov and Black Seas, which provide cargo flow to Turkey and African countries;
  • Northern Sea Route (NSR);
  • Highway M-12 “Vostok”, which they intend to extend to Vladivostok.

“The demand for warehousing is steadily growing among foreign trade participants. The quantity of supply is also growing, but on a much smaller scale due to the specifics of storage (warehouse equipment, equipment requirements, etc.). This includes the location of warehouses relative to customs and the possibility of obtaining bank guarantees. The number of customs posts is limited, and the space next to them is most often distributed among existing warehouses. Looking for other ways is difficult and expensive for a new participant. This warehouse supply does not exceed 70%,” comments Ruslan Zhakhin, commercial director of the international trade operator VAVS.

The most popular locations for placing warehouse infrastructure include territories near the borders of China, Turkey and the EU (the EU is losing leadership due to sanctions policy).

Temporary storage warehouses (temporary storage warehouses) and customs warehouses at the intersection of transport routes of regions where industry is developed are also in demand. The Ulyanovsk region is one such example, since the Volga region is one of the most developed regions in the industrial sector, and Ulyanovsk is equally distant from the most significant cities in this area.

On the territory of the Russian Federation, trade in goods not cleared through customs is possible only after placing it under the Customs Warehouse procedure. In some cases, Special Economic Zones have been allocated, which are designed to simplify the procedure for foreign trade participants.

Imported goods can be placed at a temporary storage warehouse until documentation is completed, where the maximum storage period is 4 months. The customs warehouse procedure allows you to store goods for up to three years.

In connection with the introduction of new requirements for mandatory labeling of imported goods, a need arose in the Russian Federation for a larger number of customs warehouses, rather than temporary storage warehouses. A customs warehouse allows for longer storage of goods that have not cleared customs and their sale in a non-customs cleared form. Those. This is a multi-functional position for cross-border operations.

Source: VED360, St. Petersburg

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