According to a 2021 global survey, the majority of trade and logistics industry professionals believe that high freight rates will continue at least until the end of 2022. Over a quarter of them think sea freight rates will normalize only in 2023.
When do you expect freight rates to normalize?
Characteristic
By the end of 2021
In Q1 2022
In Q2 2022
In H2 2022
In 2023
Higher rates are here to stay
Air rates
8.2%
17.5%
19.3%
19.9%
24%
11.1%
Sea rates
7%
11.7%
15.2%
24.6%
26.3%
15.2%
0%25%50%75%100%125%
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Agility. (February 8, 2022). When do you expect freight rates to normalize? [Graph]. In Statista. Retrieved June 05, 2025, from https://www.statista.com/statistics/1289459/freight-rates-time-normalize/
Agility. "When do you expect freight rates to normalize?." Chart. February 8, 2022. Statista. Accessed June 05, 2025. https://www.statista.com/statistics/1289459/freight-rates-time-normalize/
Agility. (2022). When do you expect freight rates to normalize?. Statista. Statista Inc.. Accessed: June 05, 2025. https://www.statista.com/statistics/1289459/freight-rates-time-normalize/
Agility. "When Do You Expect Freight Rates to Normalize?." Statista, Statista Inc., 8 Feb 2022, https://www.statista.com/statistics/1289459/freight-rates-time-normalize/
Agility, When do you expect freight rates to normalize? Statista, https://www.statista.com/statistics/1289459/freight-rates-time-normalize/ (last visited June 05, 2025)
When do you expect freight rates to normalize? [Graph], Agility, February 8, 2022. [Online]. Available: https://www.statista.com/statistics/1289459/freight-rates-time-normalize/
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