The costs of moisture damage

Moisture damage costs during transport of goods are as unpredictable as they are expensive. No one knows for sure the costs, but the amount is substantial. Insurers estimate that approximately 12% of all container shipment damage is moisture-related.

If the retail value of one shipping container is USD 500,000, even at a minor moisture damage rate of 1% you may have to scrap products worth USD 5,000. Multiply the amount scrapped by the number of containers you are shipping yearly, and that could mean goods worth millions of dollars are lost every single year.

Avoidable environmental and other hidden costs

Moisture damage goes beyond money, it also impacts the environment and leads to an inefficient use of available resources. The consequences of ineffective management of moisture during transportation take us further away from the UN’s Sustainable Development Goals to achieve a better and sustainable future – something that concerns us all.

At Absortech, we think it’s unnecessary to expose your products to moisture during container transport. Surprisingly, many companies still accept the large scrapping costs that follow. But these are only a “tip of the iceberg” cost, and many miss the hidden costs:

  • Re-packing
  • Decontamination
  • Production interruption
  • Bad will, weakening the supplier/customer relationship
  • Damage to the brand
  • Environmental waste/damage
  • Missed business opportunities
    • Seasonal sales
    • Lost revenue from cancelled deliveries

How to avoid moisture damage costs?

The first step to avoiding moisture damage costs is to become aware of the problem. Then owning the issue to start doing something about it. Faced with a moisture damage issue and costs where the origin is unknown, the smartest thing to do is contact an expert in moisture damage prevention. The Absortech Peace of Moisture Mind® process helps you find the root cause for those costs, and find the right moisture damage prevention solution for your company.

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