The supply crisis has hit Ibiza’s nautical and automotive sectors hard. Stock shortages are already a reality: car dealers have only 20% of the cars they should have in a normal year, while the nautical sector is already warning that orders for small boats for the 2022 summer season will not be delivered on time and will slip to the end of next year or early 2023.
Container costs for Ibiza and Formentera
This situation has caused freight prices to skyrocket. According to Ramón Díaz, president of the Ibiza and Formentera Yachting Association, bringing a standard container – a 29-tonne load – from China has gone from $2,400 to $12,000 in one year: “The costs have gone up enormously and no supplies are arriving”. Díaz calculates that this price fluctuation will translate into an “increase of between 4 and 10% in the selling price to the client”.







