Volume Trends
- Import volume into Ukraine remained low this week, down 82% compared to February 14-20. (Fig. 1) Import volume into Russia declined again this week, down 49% week-over-week and 76% compared to the week of February 14-20. (Fig. 2)
- As of April 10, the seven-day average delivery volume to countries bordering Russia and/or Ukraine were up 43% compared to February 21. Comparatively, deliveries to Russia and Ukraine were down 78%, and the rest of Europe was up 9% over the same period. (Fig. 3)
Ocean Dwell Times
- Ocean dwell times for exports and transshipments increased over the past week, with the 14-day average dwell time up 4% and 9% week-over-week, respectively. Dwell times are now up 10% and 22% higher for exports and transshipments, respectively, compared to mid-February. (Fig. 4)
- Dwell times saw the largest increase for the industrial goods sector (manufacturing, chemicals, oil & gas) over the past week, where the 14-day average ocean dwell time increased by 9% week-over-week.(Fig. 5)
- Dwell times in Eastern Europe remain high compared to the rest of Europe, with the 14-day average ocean dwell time at 9.9 days as of April 10 (up 13% compared to mid-February). There are some signs of recovery over the past week, as dwell times have decreased by 5% week-over-week. Dwell times have increased in Northern and Western Europe over the past week, up 5% and 8% week-over-week, respectively. (Fig. 6)
- At the Port of Rotterdam (and nearby Antwerpen and Bremerhaven), FourKites has seen increases in ocean dwell time for exports, where the 28-day average ocean dwell time increased by 6% week-over-week. The 28-day average ocean dwell time for exports is now up 29% compared to the beginning of February. (Fig. 7) Delays
- LTL delays stabilized over the past week, now down 2% compared to before the invasion. (Fig. 8)