Container shortage impacts food prices

Container shortage impacts food prices

The prices of inputs for the manufacture of food have increased in recent months, due to the shortage of containers that has occurred in the main ports of Asia. And it is that the covid 19 pandemic, with all its variants, has caused many containers to stay in different ports around the world, due to the reduction of personnel that took place to avoid outbreaks, the unloading operations had to be paralyzed or reduced in many cases, which has produced an international logistics bottleneck.

This has caused that hundreds of ships could not unload and had to return to China, with few or no containers, generating a false freight assumed by the shipping lines, which causes sea freight to increase up to 5 times.

It can be concluded then that the world was not prepared for a pandemic, for which it was not contemplated to assume low-cost logistics, generating that each economic block such as the European Union, Asia, Latin America and the North have their own priorities in this global crisis.