Africa

Disruptions in the Red Sea due to Houthi attacks are starting to affect the transportation of perishable food items like coffee and fruit. The necessity for vessels to take longer routes around Africa is leading to increased costs and risks of spoilage. This situation is affecting the food industry, causing shifts in trade routes for grains and impacting livestock transportation. The diversion of vessels is leading to higher prices for Indian grapes in Europe, where India supplies a significant portion of the market.