Rising Tide: Valencia’s Growing Container Traffic

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Cargo Handling Growth

In March, Valenciaport witnessed a 3.84% increase in cargo handling, reaching nearly 7 million tonnes.Specifically in terms of containers, the Spanish port handled 459,749 TEUs, representing a significant increase of 15.86%.Year-to-date figures show a total of 19.2 million tonnes handled, with growth of 5.41%. Container traffic reached 1,243,844 TEUs, showing a remarkable increase of 12.07%.

Passenger Traffic and Ro-Ro Services

In March, the Port of València welcomed 83,902 individuals, including 56,970 passengers on regular lines with the Balearic Islands and 26,932 cruise passengers. Ro-ro traffic, cover maritime ro-ro services, lorries, and platforms increased by 2.09%, and Intermodal Transport Units (ITUs) surged by 7.54%

Emerging Nations in Trade

Emerging nations like Ukraine, Turkey, Algeria, and Saudi Arabia are increasingly prominent in Valenciaport’s traffic data. Trade with Ukraine, despite ongoing conflict, has seen a remarkable surge, especially in cereal imports, which more than doubled, increasing by 107.9%. The volume of goods imported from Ukraine in the current year, totalling 354,265 tonnes, reflects a significant increase of 116.68% compared to the same period last year. Additionally, transit goods saw a growth of 20.16%, while exports remained unchanged

Rise in Far East Trade

Trade with the Far East region is on the rise, with a notable increase of 23.38% in TEU handling in the first three months of the year. China remains the primary trading partner managing 157,025 containers but significant growth has been observed with Greece (+82.91%), Egypt (+81.45%), and Saudi Arabia (+76.61%). Increased transhipment traffic at Valencian docks, mainly originating from Asia and bound for other Mediterranean ports, has contributed to growth in TEU traffic with various countries.

Increases in Traffic Volumes

Algeria and Turkey saw increases in traffic volumes (tonnes) by +29.01% and +21.75%, respectively. Noteworthy increases in exports to Morocco (+16.59%) and France (+64.45%) were recorded in the first quarter of the year.

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Source:Container News