• RAQUEL VILLAÉCIJA

  • ELSA MARTÍN

    @elsa_millan

Updated on Wednesday, 17November2021-01: 32

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World trade finally has a breather after months with exorbitant increases in the costs of maritime transport, which is where 80% of what we consume arrives.

Freight prices

(what it costs to ship merchandise in a container on a ship) are stabilizing and have started to fall from the highs they were at.

The price of a container to send products from Asia to Europe went from 1,300 dollars to touch 13,000 in September and October.

In the last week, however, Drewry's World Composite Container Index has fallen to $ 9,195.4 per container, down 9.2% from a month ago and 11.38% below the level. which reached the end of September.

This indicator is prepared with the

freight rates of the containers of eight trade routes

that link Asia with Europe and the United States.

previous s.

Drewry expects rates to remain stable over the next week.

The World Trade Organization (WTO), as well as the logistics employers in Spain, UNO,

believe that this collapse in the supply chain is at its peak

, it has

peaked

, and although they do not foresee that normality will recover until the middle of 2022, at best, there are some signs of improvement.

Commerce has been suffering from a bottleneck in the supply chain for months caused by an unexpected increase in demand that has meant that factories and transport, still affected by the pandemic, have not been able to adapt to this rapid growth.

Added to this is the shortage of raw materials (wood, the steel with which the containers are made, aluminum ...) because factories do not have time to produce to meet this booming demand.

As a consequence, transport times have doubled from four to eight weeks, which has forced companies to reinforce their stock for the Christmas season.

Source:

Sea Intelligence, Drewry, icontainers, Vessel, shipmap.org, Offshore Energy, Transporte XXI and Spanish construction employers (CNC)

Infographic:

Elsa Martín

Art direction:

María González Manteca.

According to the criteria of The Trust Project

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