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The China Containerized Freight Index (CCFI) is one of the most critical indicators for understanding container freight trends worldwide. Compiled by the Shanghai Shipping Exchange, it tracks the average price movements of container shipping rates from China’s major ports to global destinations.
However, despite its importance, many importers and exporters still misunderstand how it works. This guide will clearly explain the China containerized freight index definition, what it measures, how it’s calculated, and why it matters for anyone moving goods internationally.
At Top China Forwarder, we use the CCFI to analyze freight market shifts, help clients forecast shipping costs, and plan smarter logistics strategies.
What Is the China Containerized Freight Index (CCFI)?
The China Containerized Freight Index measures the weekly changes in export container freight rates from China’s major coastal ports to major trade lanes worldwide.
Established in 1998, the index’s base value is 1,000 points, representing the average freight rate levels during that year. Any value above 1,000 indicates higher rates compared to the base period, while lower values signal cheaper rates.
In essence:The CCFI reflects the average container freight rate fluctuations for China’s outbound trade routes.
What Does the China Containerized Freight Index Measure?
The CCFI captures both spot rates (short-term market prices) and contract rates (long-term negotiated rates) from over 20 major shipping lines.
| Measurement Category | Details |
|---|---|
| Scope | Export routes from Chinese coastal ports |
| Frequency | Published weekly (every Friday) |
| Base Year | 1998 = 1,000 points |
| Data Sources | >20 carriers reporting actual shipping prices |
| Covered Routes | 12 major trade lanes (e.g., U.S., Europe, Japan) |
The index provides a weighted average, ensuring more active routes like China–Europe and China–U.S. carry greater influence on the final score.
Why Was the CCFI Created?
Before 1998, freight rate data was fragmented, making it difficult for shippers to assess fair pricing. The Shanghai Shipping Exchange (SSE) launched the index to improve market transparency and standardize rate tracking for China’s booming export trade.
The index has since become a global reference for:
- Freight forwarders to negotiate carrier rates
- Importers/exporters to forecast logistics costs
- Analysts to monitor trade performance
- Carriers to benchmark profitability
Therefore, the China containerized freight index definition is not just about price—it’s about clarity and confidence in international shipping.
How Is the China Containerized Freight Index Calculated?
The CCFI is based on actual transaction data collected from shipping lines, weighted by cargo volume per route.
| Step | Description |
|---|---|
| 1️⃣ | Carriers submit real freight data (spot + contract rates). |
| 2️⃣ | Shanghai Shipping Exchange verifies accuracy. |
| 3️⃣ | Rates are averaged and weighted by route importance. |
| 4️⃣ | Results are converted into an index value (base = 1,000). |
Example:
If the current CCFI = 1,200, that means average freight rates are 20% higher than in the base year.
CCFI vs. SCFI: What’s the Difference?
Many confuse the China Containerized Freight Index (CCFI) with the Shanghai Containerized Freight Index (SCFI), but they are distinct tools.
| Comparison | CCFI | SCFI |
|---|---|---|
| Type of Rate | Contract + Spot | Spot only |
| Scope | All China ports | Shanghai only |
| Update Frequency | Weekly | Weekly |
| Data Sources | 20+ carriers | Freight forwarders |
| Purpose | Long-term trend analysis | Short-term price reference |
In short, CCFI = broader view of China’s export container rates, while SCFI = immediate spot market snapshot.
China Containerized Freight Index Route Breakdown
| Route Name | Abbreviation | Weight (%) | Main Ports |
|---|---|---|---|
| China–Europe | CCFI-EUR | 20 | Shanghai, Ningbo, Rotterdam |
| China–US West Coast | CCFI-USWC | 15 | Shenzhen, Shanghai, LA |
| China–US East Coast | CCFI-USEC | 10 | Qingdao, Ningbo, New York |
| China–Mediterranean | CCFI-MED | 10 | Tianjin, Guangzhou, Valencia |
| China–Japan | CCFI-JPN | 8 | Dalian, Tokyo |
| China–Southeast Asia | CCFI-SEA | 7 | Xiamen, Singapore |
| China–Australia | CCFI-AUS | 5 | Shanghai, Sydney |
| Other routes | — | 25 | Global mix |
These weights ensure the index reflects China’s true export trade structure.
China Containerized Freight Index 2025 Trends
As of Q1 2025, the CCFI shows moderate rate recovery after two years of decline.
| Quarter | Average CCFI Value | Market Summary |
|---|---|---|
| Q1 2024 | 965 | Slow rebound after capacity expansion |
| Q2 2024 | 1,030 | Demand recovery led by e-commerce |
| Q3 2024 | 1,120 | Seasonal surge in exports |
| Q1 2025 | 1,045 | Stable but cautious growth outlook |
This stability indicates a balanced shipping market — ideal for importers planning long-term contracts.
How Importers Use the China Containerized Freight Index
Smart importers and exporters monitor CCFI trends before negotiating new shipping contracts.
Key Applications:
- Budget Planning — Adjust inventory and cash flow around expected freight fluctuations.
- Rate Benchmarking — Ensure quotes align with market averages.
- Timing Shipments — Move goods when rates are low.
- Carrier Negotiation — Secure discounts when market rates soften.
- Supply Chain Forecasting — Anticipate congestion or cost surges.
At Top China Forwarder, we provide clients with weekly CCFI summaries to support data-driven logistics decisions.
How the Index Impacts Freight Costs
When the CCFI rises, carriers tend to raise freight quotes due to increased demand or reduced capacity. Conversely, when it drops, shippers can negotiate more favorable rates.
Example:A 5% increase in CCFI may translate into an additional $100–$150 per 40HQ container on China–Europe routes.
By tracking the index, companies can prevent overpaying during high seasons.
The Role of the CCFI in Freight Forwarding
For freight forwarders like Top China Forwarder, the index is a daily reference point for rate forecasting and cost optimization.
We combine CCFI data with our own route analysis to:
- Recommend the most economical port combinations
- Align Sea Freight schedules with market lows
- Offer Customs Brokerage support for smoother clearance
- Provide route-specific insights for high-volume importers
Thus, the index becomes not just a chart — but a strategy tool for smarter global shipping.
Conclusion
The China containerized freight index definition goes far beyond a technical term — it’s a vital compass for global trade. By understanding how the index works and what it represents, importers and exporters can gain a competitive advantage in rate negotiation, cost control, and long-term planning.
Partner with Top China Forwarder to make smarter logistics decisions. With transparent data, professional analysis, and reliable services, we help you turn freight insights into real business growth.
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Frequently Asked Questions (FAQ)
How can I use the China containerized freight index to plan my shipments?
You can monitor CCFI trends weekly to choose cost-effective shipping windows and avoid peak-rate periods, saving both time and money.
Does a rising CCFI always mean higher shipping costs?
Not always — short-term fluctuations can result from temporary capacity limits. It’s best to compare multi-week averages before adjusting budgets.
Can small importers benefit from tracking the index?
Absolutely. Even small businesses can use CCFI data to forecast costs, negotiate better freight deals, and time orders strategically.
What is the relationship between CCFI and global trade activity?
When exports increase, the index generally rises, indicating higher trade volumes and stronger shipping demand across major routes.
Can the CCFI predict future logistics disruptions?
It can signal potential risks. A sudden index jump may reflect congestion or fuel cost spikes, alerting shippers to prepare alternate plans.