Europe is feeling significant pressures around materials like the rest of the world, with issues expected to continue as large global demand for infrastructure continues. 

Shipping turn-around times have jumped from 60-days to 100-days and prices to ship one container from Asia to Europe have ballooned from €1500 to €7500. Already, increased demands on shipping are further complicated due to delayed returns of containers to continue the cycle.

Download our recent spotlight to find out about the issues arising, the key impacts and whether there is any way of mitigating these issues.

To learn how this issue affects the UK, read our spotlight on the topic here

Major economies have seen increases in demand as they try to revive their economies, which has contributed to shortages and price inflation.
Autor
Edna Benavides

Edna Benavides
Associate Director, Intelligence Manager, Europe