In 2021, the freight index will continue to rise and reach a new high

In 2021, the freight index will continue to rise and reach a new high

According to industry consulting agency Container Trades Statistics (CTS), the average value of China's Export Container Freight Index (CCFI) in 2020 was 984.4 points. By the first half of 2021, the average value of CCFI was 2066.64 points, an increase of 133.86% year-on-year. Until August 2021, China's freight index continued to soar, reaching 2978.47 points.

Faster increase in freight index on European routes and Mediterranean routes

The average freight index of European routes in 2020 is 1158 points. By June 2021, the European freight index has reached 4066 points, an increase of 15.2% from the previous month; the Mediterranean freight index rose to 4,811 points with 1353 points in 2020.