Volume Trends
Import volume into Russia declined again last week, down 49% week-over-week and 76% compared to 14-20 February. Last week, import volume into Ukraine remained low, down 82% compared to 14-20 February.
As of 10 April, the seven-day average delivery volume to countries bordering Russia and Ukraine was up 43% compared to 21 February. Comparatively, deliveries to Russia and Ukraine were down 78%, and the rest of Europe was up 9% over the same period.
Ocean Dwell Times
- Ocean dwell times for exports and transshipments increased over the past weeks, with the 14-day average dwell time up 4% and 9% week-over-week. Dwell times are now up 10% and 22% higher for exports and transshipments, respectively, compared to mid-February.
- Over the past week, dwell times saw the most significant increase for the industrial goods sector (manufacturing, chemicals, oil & gas). The 14-day average ocean dwell time increased by 9% week-over-week.
- Dwell times in Eastern Europe remain high compared to the rest of Europe, with the 14-day average ocean dwell time at 9.9 days as of 10 April (up 13% compared to mid-February). There are some signs of recovery over the past week, as dwell times have decreased by 5% week-over-week. Dwell times have increased in Northern and Western Europe over the past week, up 5% and 8% week-over-week.
- At the Port of Rotterdam, Antwerpen and Bremerhaven, FourKites has seen increases in ocean dwell time for exports, where the 28-day average ocean dwell time increased by 6% week-over-week. The 28-day average ocean dwell time for exports is now up 29% compared to the beginning of February.
The company organizes all kinds of transport, including maritime. For more information, please do not hesitate to contact us: [email protected].