Global container volumes fall 9.3% y/y as historic growth cycle ends
From mid-2020, global container export volumes saw strong growth, and combined with increasing port congestion it caused supply chain challenges and historically high liner operator financial results which have been the norm since. In September 2022, however, container volumes dropped below volumes recorded in the same month in 2019 for the first time since mid-2020 and statistics just released by Container Trade Statistics have confirmed the trend.
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Posted:
07 December 2022
BIMCO's Shipping number of the week
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