Drewry container port throughput down 11.3% during the past month, says a press release published on their website.
The Drewry Container Port Throughput Indices are a series of volume growth/decline indices based on monthly throughput data for a sample of over 235 ports worldwide, representing over 75% of global volumes. The base point for the indices is January 2012 = 100.
Drewry’s latest assessment – April 2021
• Drewry’s Global Container Port Throughput Index fell to 122 points in February 2021, 11.3% lower than in January 2021. However, the index was 12.5% (13.5 points) higher compared to the 108.5 recorded in February 2020, which was when the initial COVID-19 outbreak in China had started to impact global port volumes.
• The Chinese Port Throughput index dropped almost 22% in February 2021 compared to January 2021 as a result of the usual Chinese New Year factory shutdowns, together with the ongoing impact of global port congestion which is disrupting carrier schedules. Year on year the index stood more than 25 points (27.9%) higher than recorded in February 2020. The scale of the initial impact of the COVID-19 crisis and the strength of the recovery is shown in the exceptional annual growth reported across the largest Chinese ports, with Shanghai volumes up 1.1 mteu (48%) in February 2021 compared to February 2020. Similarly, throughput at Shenzhen was 0.9 mteu (73%) higher year on year, and Ningbo reported an uplift of 0.6 mteu (40%).
• The Asia (ex. China) index fell 4% to 126.2 points in February 2021 but was 8.5 points (7.2%) higher than reported in February 2020. South Korean ports reported strong year-on-year growth, with combined throughput up 0.3mteu (13%), led by strong performances at Busan and Incheon. In Southeast Asia, Malaysian ports were the standout performers with aggregated throughput increasing 0.25mteu (12%) in February 2021 compared to February 2020. In contrast volumes in Singapore were down 0.6% over the same period.
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Source: Drewry
