These are products that have risen in price due to freight prices in Peru.

Before the start of the year shipping prices continue to rise, and although they have declined in different parts of the world, Peru continues to follow the path of high levels. In this regard, Monica Munoz Najar, Project and Public Policy Coordinator of the Development Research Network (REDES), detailed which products were most affected by this situation.

What prices will remain high due to freight?

According to Muñoz Najar, freight rates will have a direct impact on the products that families consume directly, such as bread, noodles, chicken or oils, which are made from materials imported from other countries, so we see an impact on the cost of food. .

But they are not the only ones as milk, cream powder and yellow corn also saw a freight cost increase of more than 70%, but the one that showed the most growth was semi-bleached rice, the transportation of which increased by 150%.

What causes prices to rise?

According to statements by former vice minister of foreign trade Carlos Posada, as maritime shipping has already been streamlined, shipping costs on routes between Asia and North America have dropped significantly as they have come down from about $20,000 per container to an average of $10,000.

But this improvement has not affected all countries, said Muñoz Najar, explaining that routes to the port of Callao were reduced by only 6%. “This is mainly because the port of Callao continues to experience logistical difficulties causing delays in loading and unloading goods.. An indicator of this is that in 2021, land carriers had to wait up to 8 hours before entering the port, which reduced the number of flights they make per day from 3 to 1,” he said. Today, there is a long waiting time, which increases transport costs.

Munoz also stated that maritime transport recovered after a naval blockade but the war between Russia and Ukraine, in addition to imprisonment in China, again complicated everything. In April 2022, when Shanghai closed its ports due to the Covid-0 policy, up to 20% of the world’s container ship fleet was stuck in the port,” the REDES economist points out.