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Feb 12 2025

€36.8m of Products Stolen from Supply Chains in EMEA in 31 days

2024 bowed out with a fourth consecutive month of double-digit financial losses for cargo thefts in the Europe, Middle East & Africa region, based on supply chain crimes reported to the TAPA EMEA Intelligence System (TIS).
The 31 days of December have so far seen 430 new cargo crimes added to the TIS database, including 113 or 26.2% with a loss value, which produced a total financial impact of €36,859,299.

 

The average loss in December for all cargo crimes reported to TAPA EMEA with a value was €326,188 – producing an average theft of goods from supply chains in the region of €1,189,009 every 24 hours across the entire month.

 

The biggest single loss involved the interception of a shipment of counterfeit

goods by border police in Durban, South Africa, on 19 December with a reported value of more than €10.2 million. This high value single loss pushed the average value of all 35 major cargo thefts targeting goods worth €100K or more beyond seven figures to €1,002,161.

 

December’s loss value was the second highest monthly total recorded by TIS in 2024 following the €40,255,270 of losses reported in TAPA EMEA’s Vigilant e-Magazine in November. This followed totals of €23,488,550 and €19,207,442 in October and September respectively. Read more

 

Source: TAPA EMEA