Say thank you to Mr. & Mrs.Corona...
You are asking for prices into a region with a low offer of air cargo capacities in total. Touristic flights to middle east are still not existing yet and touristic planes second business is air cargo. Low offer + higher demand = higher prices per dimensional weight (Prices are calculated in a mix between weight and volume because empty volume means a financial loss of fully paid freight kilos to the air line)
Situation:
High consumer demand and still-lagging inventory are pushing prices right now. Up starting economies worldwide driven by a higher consumer and industry demand will raise prices this month more than last one.
Don`t forget that cargo volumes are still influenced by increasing e-commerce traffic - Amazon has 60% increase in sales by third party vendors.
Prices will reduce but questions is when...
+41% increase of air cargo volume in May 2021
+127% price increase per kilogramm compared to 2019
Freight prices Asia to West Coast US +151% compared to 2020
Freight prices Asia to East Coast US + 209% compared to 2020
Freight prices Asia to North Europe +600% compared to 2020
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