Valencia Containerised Freight Index (VCFI) Archives

Valencia Containerised Freight Index drops in June

9 July 2024

In June, the Valencia Containerised Freight Index (VCFI) experienced a slight decline amidst a maritime sector influenced by geopolitical conditions, yet showing signs of global economic improvement.

The index, which reflects export prices recorded by Spain’s Port of València across 13 global regions, fell to 1,585.67 points, a 1.30% monthly decrease but a 27.8% increase since the year’s start.

The index’s value changes were uneven across the timeline and regions. The most significant drops...

https://container-news.com/valencia-containerised-freight-index-drops-in-june/

VCFI finished 2022 down 11.3%

18 May 2023

The Valencia Containerised Freight Index (VCFI), which measures the trend and evolution of container transport costs by sea from the Port of Valencia, ended the financial year 2022 at 3,603 points, a year-on-year drop of 11.3% (December 2021 ended at 4,063 points).

The VCFI anticipates a total gain of 260% since the start of the historical series in January 2019.

The VCFI also showed distinct behaviour in two stages in 2022. Until August, the VCFI showed monthly gains, eventually hitting 4,918...

https://container-news.com/the-valencia-containerised-freight-index-vcfi-finished-2022-down-11-3/

Valencia Containerised Freight Index continues downward trend

14 January 2023

The Valencia Containerised Freight Index (VCFI) ended 2022 with a 13.10% drop in December compared to November.

The Port Authority of Valencia (PAV) noted that it is the index’s fourth consecutive month of decline in a year marked by uncertainty and market ups and downs.

Congestion levels have continued to fall in recent months, but pre-pandemic levels have not yet been achieved. In December 2022, freight prices declined by 22.61% in Central America and the Caribbean, 17.37% in Latin America and...

https://container-news.com/valencia-containerised-freight-index-continues-downward-trend/

Freight rates continue global upward trend

9 August 2021

Freight rates continue to rise globally due to several factors, such as the container shortage and the economic pull of the United States, according to the Port Authority of Valencia (PAV).

In particular, the high demand for maritime transport in combination with the lack of empty containers, the shortage of capacity and equipment, the price of fuels, the problems of co-determination, the traffic increase and the congestion in several ports of the world, are the main factors for this continued...

https://container-news.com/freight-rates-continue-global-upward-trend/