There’s good news from the Royal Mail 2022 Price Changes as many customers will notice a drop in the cost of postage this year. However, some prices are rising.
International tracking and signature services (country-priced)
Royal Mail are reducing prices for tracked and signature service. In particular, Tracked parcel prices into France, Canada and Poland will see significant (>10%) reductions
Untracked International Business Products (country-priced)
Royal mail are changing prices to reflect changes in delivery and conveyance costs – see the Price Guides for more detail on these changes
Zonal-priced international services (Tracked, untracked and Response)
Royal Mail will be increasing all zonal product base prices by 4-6%.
Majority of temporary air carrier supplements removed
For the majority of destinations, Royal Mail have removed temporary air carrier supplements. They have done this because air capacity costs are currently forecast to become more stable in 2022. This allows Royal Mail to account for air costs (alongside other operational costs), in ou business contract prices, which is part of the normal review of costs and pricing. Royal Mail have however retained separate air carrier supplements for four destinations, where the forecast costs for air capacity are still not sufficiently predictable to accommodate them in normal pricing.
The air carrier supplement will still apply to Tracked, Tracked & Signed, Signed and Untracked services to: China; Russia; Iceland; Israel.
International Surcharge reduced
Royal Mail introduced an International surcharge to help them respond to the impact of the volatile currency market on key cost areas for our business; fuel, conveyancing and International delivery charges. They say that an flexible International surcharge enables them to keep prices as low as possible while enabling them to react to future currency and fuel related cost changes. Following favourable movements in Sterling exchange rates, Royal Mail will be reducing this surcharge from 6.5% to 4%.
Royal Mail 2022 Price Changes for online postage
If you don’t have a business account with Royal Mail, you can check out their 2022 prices for buying postage online here