According to WorldACD air freight market data for the first week of April, points of origin numbers in India and Bangladesh were impressive, with spot prices between India and Europe rising to more than $4/kg in week 14 ($4.13/kg, +160 per cent ), and spot prices between Bangladesh and Europe rose to $4.59 per kilo in week 14, almost three times their level this time last year (+179 percent).

Middle East and South Asia (MESA) Spot prices to Europe have risen in the past three weeks to almost double their level at this time last year, rising to $3.43 per kilo in week 14 (+109 percent)

Significant increase in spot prices The statement read: “ From the Middle East and South Asia (MESA) to Europe in recent weeks, especially from India and Bangladesh, linked to a strong development in demand coupled with supply problems caused by disruptions in container transportation and the month of Ramadan.”

In addition to continued increases in Rates from points of origin in the Asia-Pacific and MESA regions, driven by strong demand for cross-border e-commerce and due to ongoing disruptions to container shipping in the Red Sea, another factor that is beginning to impact rates is the increase in jet fuel. Prices, which rose in week 14 by more than +4 percent compared to the previous week and more than +3 percent compared to the previous month, although they are still slightly below their level last year (-1 percent)

Origin from the Middle East and South Asia, according to the latest weekly figures and analysis from WorldACD Market Data, despite lower loads from most regions associated with various holiday periods around the world, including Easter, Ramadan and China's Qingming Festival.

Air freight rates have continued to decline Global prices are on the rise during the first week of April, driven by increasing prices and demand from origin countries in the Middle East and South Asia, according to the latest weekly figures and analysis from WorldACD Market Data. . Although loads from most regions were down due to several holiday periods around the world, including Easter, Ramadan and the Qingming Festival in China.

Average global rates, week on week, rose by more than 2% week on week. 14 (April 1-7) at $2.54 per kilo, after successive weekly increases of between +2 percent and +3 percent last month, bringing it to just -1 percent of its level in week 14 last year and well above the level it was It was in week 14 of last year. Pre-Covid level. (+41 percent compared to April 2019).

Extending the comparison period to two weeks, average global rates in weeks 13 and 14 combined increased by +4 percent compared to the previous two weeks (2Wo2W comparison), driven by an increase of 6 % in 2Wo2W of origin points in Asia Pacific and MESA. This increase in rates comes despite a 2Wo2W tonnage decline (-6 percent and -3 percent, respectively) for these two regions, and a -9 percent decline in global tonnage, 2Wo2W. Rates from points of origin in Africa, Central and South America, Europe and North America remained fairly stable, on a fortnight basis, despite significant declines in tonnages over the fortnight, including a -15 percent decline year-on-year -Europe -9 percent. They are in North America excluding North America and CSA, and a -7 percent decrease outside Africa, based on more than 450,000 weekly transactions covered by WorldACD data.

When looking at major intercontinental routes, larger journeys can be seen Tonnage declines of 2Wo2W outside Europe, including -17% in Asia Pacific and CSA, -15% in MESA and Africa, and -13% in the North Atlantic (in both directions), consistent with some of last year's patterns in The two weeks surrounding Easter. Meanwhile, the largest increase in 2Wo2W prices can be seen from the MESA region to Europe (+11%), despite a -7% drop in loads on this route. Other significant increases in 2Wo2W prices can be seen from Asia Pacific to North America (+7 percent), MESA (+4 percent) and Europe (+3 percent).

Compared to last year, the two-week average global prices are 13 14 Overall decreased by -4 percent, and the slight increase in shippable weight (+1 percent) failed to keep pace with annual capacity growth of +7 percent