Shipped.com Analysis: New build container prices have been steadily rising since early 2016. Currently container manufacturing costs are up, over 94% higher today than in 2016. Prices in 2016 through 2018 were affected by an industry change from oil (solvent) paints to water based. Retooling and adjusting factory processes is expensive and the prices through late 2018 reflects these challenges. Later on, in 2019 and 2020 reflected historically low manufacturing coupled with low inventory supply and strong demand from the pandemic to create a price explosion. Production prices became unsustainable and our current day's surge in pricing reflects this unwinding of downward price pressure along with low inventory and strong demand. We foresee the market prices for new builds to continue to rise along with most other commodities.
Get the market analysis information you need on new & used 20', 40' & 45' shipping containers in the intermodal industry. We've already been featured on the national news to provide expert information and we'd love to help you out as well. Our unique position in the marketplace provides insights not only into shipping containers, but also market trends, analysis, opportunities, projections, sales, and marketing strategies. Specifics on market shares, segmentation, size/scope, and growth in the US and global markets are also offered. We offer our time and knowledge to all for free. Click Contact Us to get in touch today!