Drewry’s World Container Index (WCI) dropped 2% this week, settling at $3,364 per 40ft container as of 30 January 2025. While significantly below the pandemic peak of $10,377 in September 2021, current rates remain 137% higher than the pre-pandemic average of $1,420 in 2019.
Key Highlights
- Current WCI Rate: $3,364 per 40ft container.
- Change: 2% decrease this week.
- Annual Comparison: 137% higher than the 2019 pre-pandemic average.
- Year-to-Date (YTD) Average: $3,711 per 40ft container, exceeding the 10-year average of $2,876.
Freight Rate Movements on Key Trade Routes
- Shanghai to Rotterdam: ↓5% ($160 drop) to $3,274.
- Shanghai to Genoa: ↓4% ($162 drop) to $4,400.
- Rotterdam to New York: ↓2% ($46 drop) to $2,732.
- Shanghai to New York: ↓1% to $6,288.
- Shanghai to Los Angeles: ↓1% to $4,771.
- New York to Rotterdam: ↑2% ($18 increase) to $839.
- Rotterdam to Shanghai: ↑1% ($3 increase) to $518.
- Los Angeles to Shanghai: Stable.
Market Outlook
Drewry anticipates further slight declines in spot freight rates next week due to increased shipping capacity.
This trend reflects ongoing market corrections, balancing post-pandemic supply chain normalization and fluctuating demand across major East-West trade lanes.
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Source: Drewry