The Drewry Container Port Throughput Indices presents a global picture of container port activity including change in volume between major ports globally. These indices cover about 80% of world shipping volumes and therefore allow the analysis of current trends and projection of short-term developments in the shipping industry. A year starting in January 2019 serves as a base point for these indices against which other data to be considered are evaluated.
Global Container Port Throughput Trends
A summary regarding the Drewry Container Port Throughput Indices showing a 1.9% increment in world volumes recorded in September 2023 and a reduction, of 8.4% MoM/ 3.4% YoY in October. The forecasting model of Drewry’s is vital towards understanding short-term forecasts.
Regional Analysis: Emerging growth in Asia and challenges faced by North America
Case analyses of individual regional patterns including September 2023’s impressive 2.6% growth rate for Asia, and similarly for North America’s 7.4% MoM rise. The other way around, North America saw a decline in Yoy results while the Nowcast model forecasted a steep drop in volumes for October for Asia
European Container Port Dynamics: Divergent Performance Across Ports
In terms of analyzing the Month-on-month (MoM) increase of 1.2% of the European Container Port throughput Index, which occurred in September 2023. This section highlights the mixed nature of the results obtained for the major European seaports including contracting in Gdansk, Rotterdam, Antwerp-Bruges, Valencia and Marseilles-Fos and the corresponding explanations of challenges that some parts of Europe experienced.
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Source: Drewry
