World Container Index - April 13

Drewry’s composite index stable this week

Drewry’s composite World Container Index remained stable at $1,708.63 per 40ft container this week. 

Drewry’s detailed assessment for Thursday, April 13, 2023, pointed to the composite index remaining stable (decreased a merge of 0.1%) this week and has dropped by 78% when compared with the same week last year.

The latest Drewry WCI composite index of $1,709 per 40-foot container is now 84% below the peak of $10,377 reached in September 2021. It is 36% lower than the 10-year average of $2,688, indicating a return to more normal prices, but remains 20% higher than average 2019 (pre-pandemic) rates of $1,420.

The average composite index for the year-to-date is $1,908 per 40ft container, which is $780 lower than the 10-year average ($2,688 mentioned above).

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