The boom in sea freight rates inflates prices

It’s not a mystery that our sector, like those linked to the automotive sector and all other sectors in which productions of raw materials and finished products are often in Asian countries, is going through a critical period with regards to the availability of products and the trend in prices.

The perpetuation of the pandemic emergency, the shortage of raw materials and the quintupling of transport costs via container from Asia to Europe have triggered a destructive spiral that has led tyre prices to rocket in the last few months(and the trend shows no sign of abating).

Those, like us, who have always imported truck covers from the Far East, have sustained increases which – for example for a 22.5’ cover – are reaching 50/60 dollars per tyre on average.

A part of these increases has been absorbed by us, but there is a part that we ae forced to pass on to the market. Prices will gradually reflect these trends. It’s a widespread problem that will sooner or later affect all operators in the sector.

Our sales staff are available to offer all necessary explanationsin this regard and to seek improved solutions in terms of product availability.

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