Inflation is creating new logistics patterns and an increased need for empty containers

The recent years' disruptions to the global transport system are beginning to ease. Despite this, there are still consequential effects in the form of delays and uncertainty, further accelerated by inflation and changed purchasing patterns. The increasing imbalance between Swedish imports and exports is also creating an increased need for empty containers.

Inflation leads to higher prices and thus lower demand for goods, which is clearly affecting value chains. Though freight prices and delivery times have recovered, purchasing pattern changes have led to reduced global demand for container freight. At the same time, the first major deliveries of the new, large container ships that were ordered in the midst of the pandemic when the need for transport was greatest are now expected...

Falling freight prices and strong Swedish exports

“The prices for container freight are falling, while most European economies are predicting a fall in GDP next year,” says Per Wahlström, market analyst at APM Terminals Gothenburg, and continues:

“There is every indication that Swedish exports, unlike European exports, will continue to be strong. The reason is that the main goods from Sweden are largely forest products, with large volumes being driven, e.g., by the transition from plastic to paper packaging. The weak Swedish krona combined with falling freight prices is expected to benefit this segment.”

“Swedish export companies also have good opportunities to take advantage of the broad rail network available in conjunction with direct shipping from APM Terminals Gothenburg. This reduces the impact of increased fuel prices and driver shortages, which drive up prices. And, the solution is sustainable.”

Changed purchasing patterns reduce imports

Total Swedish container imports are normally around 130,000 TEU per quarter. During the pandemic, this figure increased by about 15 per cent.

“Forecasts for next year show a return to normal import volumes, driven by reduced purchasing power and increased interest rates and electricity prices,” says Per Wahlström.

Space for empty containers at APM Terminals Gothenburg

With falling imports and almost static exports, the need for empty containers is once again great. In order to meet demand proactively, APM Terminals Gothenburg has already expanded the area for storage of empty containers and optimised resources to create the best possible flow efficiency at the terminal.

How can we support your business? Feel free to contact us at sales.got@apmterminals.com.