A return to normality as we start out on the road to recovery
Over the last year we have closely monitored the cost of shipping containers from China to Europe. Using our combined knowledge of the shipping and retail & consumer sectors we have consistently reported that our view is that container rates will return to some sort of normality sooner than the market was predicting.
Q4 22 has seen prices for shipping containers from China to North Europe fall from $7,250/FEU to $2,400/FEU, an even greater fall than we were forecasting, and now nearly at pre-pandemic levels, with a further fall in pricing expected to continue into 2023.
In the container market update we provide regular updates on the shipping markets and supply chain issues to help assess company valuations and cash flow.
For more information, please get in touch with Anthony Cunningham.
ANTHONY CUNNINGHAM ►
Associate Director, Corporate Finance
BDO London - Baker Street
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