Learn Why Do Container Prices Fluctuate?

 

When you shop for a shipping container you may find a variety of prices available.

It’s important to understand what goes into shipping container prices in order to determine if that great deal is really as good as it seems. 

The aspects that affect the cost of shipping containers are:

• Size 
• availability. 
• Location.
• Condition.
• How long you need the unit.
• Added features or modifications.

 

Size.

These are the shipping container sizes that exits:

• 40ft high cube 40ft 12.18m 2.43m 2.89m
• 40ft Low cube 40ft 12.18m 2.43m 2.43m
• 20ft Low cube 20ft 6.09m 2.43m 2.43m
• 10ft Standard 10ft 2.99m 2.43m 2.59m

Size can affect your price, because a more common size like a 20 ft or 40 ft steel container is more readily available hence will be a better bargain since there are more available.

It will also be easier to find these sizes second-hand, as they are the most common especially for shipping overseas. If you need a larger or smaller size container you may have to shop around more to get a good deal.

 

Availability.

Container imbalance occurs when there is a shortage of containers. Generally, containers carry goods to a country/port, then those same containers are used to bring goods back to the country of origin.

 When exports match imports, the system runs smoothly. But when a country has nothing to ship back, the containers sit empty at ports and warehouses while the original destination faces container scarcity.

 

Location.

Your physical location can also affect your container price. If you are located near a seaport, you have a better chance of being near multiple container retailers. 

You may even be able to get a good used steel container from your local shipping yard. If, however, you live far away from accessible containers, you may have to pay to have it shipped to you. 

You may also not be able to get the best pick since you cannot view it in person. If you do choose to see units in person, you will have to travel to do so.

 

How Long you will need the unit.

How long you need a container is an important determining factor when pricing shipping containers. You should review prices for new, used and rentals. 

New containers are, of course, the most expensive, but they are best for actual shipping purposes. If you plan to use your container for self storage, moving or a container modification project, a used container is a great option. It is cheaper and most likely still in very usable condition. 

Rentals are the way to go if you only need a container for a very short time. If you think a rental may be best for you, be sure to check out used containers too. You may even be able to find another purpose for a container such as extra storage around your home.

 

Condition and age.

Condition and age also affect price when a container is used or rented. This should not be a factor for a new container as it should be in prime condition.

When inspecting a container for condition, be sure to look for any cracks or holes that will compromise the stay-dry integrity of the container. You will also want to make sure that all doors are working properly.

 

Shipping container modification.

The final determining factor for shipping containers prices is modifications or added features. A basic steel container comes with no extras. It will just be plain and sturdy, possibly with a door if it is a big container.

Modifications are a great option to multiply the uses of your shipping container. Contact Container Design Africa for shipping container conversion services.

 

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