Firstly, our thoughts go to those affected by the conflict in the Middle East. We recognise that beyond the economic and operational impacts, this is a humanitarian crisis that is disrupting lives and affecting countless individuals, families, and communities.
The ongoing conflict in the Middle East has placed significant strain on global freight networks and fuel supplies for many in the industry. The region is central to both energy production and key shipping routes. Disruptions, whether direct (damage, blockades, or attacks) or indirect (heightened security risks and rerouting), have increased the cost and complexity of moving stock internationally, especially from Asia and the Far East to Europe.
Overall as we stand today, we have strong stock levels in our main UK warehouse as we hold stock all-year round. We are aware some of our containers already on the water have been delayed. However, we feel at the moment these delays, whilst frustrating, are manageable.
It’s true to say the conflict has caused an immediate spike in raw material costs due to rising oil and container prices, and the longer the war goes on the more likely issues may arise in the coming months. However, we are hopeful that these raised costs are a knee-jerk reaction which will settle, and we are not planning on any price adjustments in the short to medium-term.
We will continue to inform our customers of any updates or potential impacts on the wider import/export market.