Drewry’s detailed assessment for Thursday, 27 April 2023 shows that the composite index has decreased by 2% this week, dropping by 78% when compared with the same week last year.
The latest Drewry WCI composite index of $1,740 per 40-foot container is now 83% below the peak of $10,377 reached in September 2021. It is 35% lower than the 10-year average of $2,688, indicating a return to more normal prices, but remains 23% higher than average 2019 (pre-pandemic) rates of $1,420.
The average composite index for the year-to-date is $1,890 per 40ft container, which is $797 lower than the 10-year average ($2,688 mentioned above).
For more information: drewry.co.uk