Containerized Freight Prices

Prices for containerized freight from Asia to Europe remained relatively steady during the first three quarters of 2020, varying between -8% to +10%. During the fourth quarter of 2020 prices increased rapidly, resulting in tripled prices during the first months of 2021 compared to the first week of 2020. The shipping prices as of today (10/3) seem to have reached temporary stability around 310% of prices compared to the first week of 2021.