Drewry’s composite World Container Index The composite index remained relatively stable (decreased a marginal 0.4%) this week, and has dropped by 79% when compared with the same week last year.
Image: Drewry World Container Index, Drewry Supply Chain Advisors
The latest Drewry WCI composite index of $1,710 per 40-foot container is now 84% below the peak of $10,377 reached in September 2021. It is 36% lower than the 10-year average of $2,689, indicating a return to more normal prices, but remains 20% higher than average 2019 (pre-pandemic) rates of $1,420.
The average composite index for the year-to-date is $1,923 per 40ft container, which is $767 lower than the 10-year average ($2,689 mentioned above).
For more information: drewry.co.uk