Container freight rates on the route from China/Eastern Asia to the Mediterranean increased more than fivefold between October 2020 and November 2021. As of November 2021, shipping a 40' container cost around 13,000 U.S. dollars, up from some 2,400 U.S. dollars in October 2020. Global freight rates have seen a similarly dramatic increase in the past months as well.
Container freight rates from China/Eastern Asia to the Mediterranean from October 2020 to November 2021
(in U.S. dollars)
The index represents a market rate for freight on the shipping lane from China/Eastern Asia to the Mediterranean for a 40' container.
The index is based on aggregated and anonymized real-time business data from global freight carriers, freight forwarders, and shippers that use the WebCargo by Freightos freight rate management platform.
The values are an average of the five business days of the last full week in each month.
The latest value is freely accessible on the source's website. Since October 2021, older values can only be accessed after registration.
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Freightos. (November 26, 2021). Container freight rates from China/Eastern Asia to the Mediterranean from October 2020 to November 2021 (in U.S. dollars) [Graph]. In Statista. Retrieved December 05, 2021, from https://www.statista.com/statistics/1266648/china-eastern-asia-to-mediterranean-container-freight-rates/
Freightos. "Container freight rates from China/Eastern Asia to the Mediterranean from October 2020 to November 2021 (in U.S. dollars)." Chart. November 26, 2021. Statista. Accessed December 05, 2021. https://www.statista.com/statistics/1266648/china-eastern-asia-to-mediterranean-container-freight-rates/
Freightos. (2021). Container freight rates from China/Eastern Asia to the Mediterranean from October 2020 to November 2021 (in U.S. dollars). Statista. Statista Inc.. Accessed: December 05, 2021. https://www.statista.com/statistics/1266648/china-eastern-asia-to-mediterranean-container-freight-rates/
Freightos. "Container Freight Rates from China/Eastern Asia to The Mediterranean from October 2020 to November 2021 (in U.S. Dollars)." Statista, Statista Inc., 26 Nov 2021, https://www.statista.com/statistics/1266648/china-eastern-asia-to-mediterranean-container-freight-rates/
Freightos, Container freight rates from China/Eastern Asia to the Mediterranean from October 2020 to November 2021 (in U.S. dollars) Statista, https://www.statista.com/statistics/1266648/china-eastern-asia-to-mediterranean-container-freight-rates/ (last visited December 05, 2021)
