Maldives in Hot Water: Chicken Prices Soar.!
The shift in shipment routes is attributed as a key factor driving the inflation surge. Formerly, goods traversed from dubai directly to Colombo and then to Maldives. However, the revised route now includes Mumbai, elongating the supply chain and causing delays. The alteration, purportedly a response to heightened conflict involving Houthi rebels in the red Sea, has disrupted the usual flow of goods.
Maldives predominantly sources its chicken from Brazil, a leading global supplier of boneless chicken. The conflict in the red Sea, precipitated by clashes between israel and Hamas, has prompted Houthi rebels to target ships, necessitating a rerouting of shipping lanes. This shift has led to logistical challenges, prolonging the timeframe for chicken supplies to normalize.