The worldwide container shortage will remain for at least the upcoming months. That also means highly high prices for containers. The container shortage will contribute to inflation, according to The New York Times. The container shortage will lead to higher transport costs that will be passed on to consumers.

Most of the containers are currently produced by a very small number of Chinese manufacturers. Three Chinese companies — CIMC, DFIC and CXIC — make around 80% of the world’s containers. They have increased the production with a 6%-8% growth in container capacity this year.

 “There’s no indication from the shipping companies that they expect to see any easing of the tightness of supply that they’re dealing with,” said Tim Page, interim CEO of CAI International. Despite an increase in production, the containers are not being built fast enough to ease the shortage. John O’Callaghan, global head of marketing and operations at Triton, said: “Despite the factories ramping up container production activity at the end of last year and beginning of this year, inventories of new containers remain very low. What’s sitting on the ground roughly represents only two to three weeks’ supply.”