Shipping costs have increased as a result of attacks on Western companies' vessels in the Red Sea over the past few months by Houthi rebels who support Hamas in its conflict with Israel.
Disruptions caused by Yemen's Houthi movement have limited the global supply of shipping space and containers as a result the average container cost has increased by 140% as ships now have to be diverted from the red sea to take the longer route around Africa.
Indications are that these rising expenses are going to trickle down to the pricing of expensive commodities like imported white goods and furniture. Most online retailers will be unable to absorb those price increases on big-ticket items so consumers should expect to see significant rises in the coming months.
Therefore, if you are looking to buy new white goods or furniture now might be the best time to purchase before the price increases take effect.
The good news is that the CSC Buying group has UK based suppliers who can source UK manufactured products for Kitchen equipment and furniture which may prove to be a more economical solution that relying on foreign imports.
To find out more contact us at buy@cscbg.org.uk
