According to a statement from the regional head of the removal division at ISS Worldwide, an international shipping company active in the UAE, shipping volumes for expats returning home have decreased in 2018 compared to the same period in 2017.
Abhilash Nair, regional manager of the removal division at ISS Worldwide, told Arabian Business: “We’re down between 12 and 15 percent compared to last year, and that’s in terms of both bookings and enquiries.
"Spending on relocation by individuals is much lower, although corporate paid movement remains steady – and it seems there were more lay-offs last year than this.”
The regional manager also noted that the volumes of goods being shipped in 2018 are typically smaller, which shows people are opting to rid themselves of more items in the UAE, rather than paying the increase cost of shipping home personal effects.
He also noted that while July is often the busiest month of repatriation, a result of both the summer slowdown and conclusion of the school year, September tends to be the busiest month for incoming expats.
Nair shared that bookings for inbound shipments appear positive and higher than last year’s figures, though a more precise outlook would become apparent closer to the end of August.