With the first quarter of the year well behind us, we thought it would be a good time to provide a further insight into the current global container market.
Earlier in the year we had forecast an easing in the market during the third quarter of 2021, however there are now signs that the container shortage and high prices may remain into 2022!
This extension is largely due to the continued forecast of global trade growth and the fact that the shipping lines and container factories just cannot create the required capacity to handle the growth.
The direct impact on pricing and availability has been seen in South Africa for sometime now.
The one factor that has worked strongly in our favour has been the strengthening of the Rand, which has lessened the price increases significantly.
Please feel free to contact the Almar sales team on 031 561 6767 or email firstname.lastname@example.org should you require further information.