Up until last week, the IfW had not identified any decline in import volumes in Rotterdam or Hamburg. But in mid-May, the volume of cargo in the Red Sea was almost a fifth lower than would have been expected in normal times.
There are currently no fears that deliveries from China will come to a complete standstill, but a decline in freight volumes is to be expected due to the lockdown in Shanghai. Experts expect that this will be felt in the European industry in the next few weeks.
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