Economic
Rising freight costs squeeze Maltese businesses, prices set to rise
Growing shipping costs linked to Middle East instability are pushing up import prices for Maltese firms, with many planning to pass the higher costs on to consumers.
Rising freight costs tied to instability around the Suez Canal are already increasing import expenses for Maltese businesses, with many firms reporting price rises of up to 10% and some exceeding 20%. A survey by the Malta Chamber of SMEs indicates that nearly half of respondents have seen import costs climb, mainly due to higher shipping charges. Most companies say they will pass the additional costs on to customers, warning of substantial price hikes. Wider supply‑chain delays and longer delivery times are also expected, adding pressure to the domestic economy and raising the risk of broader inflationary spillovers.
- Status
- active
- Location
- Malta
- Date added
- 2026-04-02 06:36 UTC
- Added by
- nikieuropeapdrmis
- Last updated
- 2026-04-02 06:36 UTC
- Source
- https://timesofmalta.com.mt
- Connected threats
-
- Not Available