Iran war
Supply chains under pressure

Following the outbreak of the war in Iran, international supply chains are coming under increasing pressure. As the Frankfurter Allgemeine Zeitung (FAZ) reported at the beginning of the week, the situation on important sea and air transport routes is coming to a head. According to Lloyd's List, around 170 container ships with around 450,000 containers are stuck in the Persian Gulf. Shipping companies are responding with diversions and war-related risk surcharges of up to USD 1,500 per container, while insurers are limiting their cover. Air traffic in the central hubs of the Gulf region has also been significantly affected - with direct consequences for freight flows between Asia and Europe. The FAZ also refers to initial delivery delays in retail, including on platforms such as Amazon. Specific bottlenecks in the food trade have not yet been mentioned. However, rising freight costs and longer transit times are also likely to affect the food sector - especially for imported goods from Asia or the Mediterranean region as well as packaging materials. A nationwide delivery stop is currently considered unlikely, but price increases and delays are realistic.

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